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Cartoon of the Day: The Naughty List

Cartoon of the Day: The Naughty List - Kinder Morgan lump of coal 12.18.2015

Why kids are really hoping they're not on Santa's "Naughty List" this Christmas...


McCullough: ‘Sharp and Ugly Reformation’ Headed for Wall Street

 

In this brief excerpt from The Macro Show this morning, Hedgeye CEO Keith McCullough delivers a fiery response to a subscriber’s question on the staggering level of “negligence and arrogance” from bankers, the Federal Reserve and financial media.

 

 

Subscribe to The Macro Show today for access to this and all other episodes. 

 

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Seriously... ANOTHER Themed Shopping Day?

Editor's Note: Below is a brief excerpt from an institutional research note written earlier today by our Retail team. For more information on how you can become a subscriber please send an email to sales@hedgeye.com.

 

* * *

Today is Free Shipping Friday.

 

For starters, did anyone know that this day even existed? It sounds more like an Instagram hash tag than a shopping promotion, but it’s simply another invented day along with the usual suspects (Black Friday, Cyber Monday, Small Business Saturday, Green Monday) intended to create a little extra buzz as we approach the end of the Holiday shopping season.

 

In fairness, the retailers need everything they can get. But on the flip side, if everybody is doing it, is it really a competitive advantage for anyone?

 

The day not only offers free shipping, but guaranteed delivery by Christmas eve. Of over 1064 participating merchants, one notable missing name from the list is KSS, which on its own lowered its free shipping threshold from $75 to $50 a few weeks back and introduced a whole host of Door Buster sales that will hit this Saturday.

 

Seriously... ANOTHER Themed Shopping Day? - mcgough 1

 

One day of free shipping isn't damning for margins by any means, but we think it’s indicative of the inevitable reality that US Retail is moving to 100% free shipping, 100% of the time.

 

It will be interesting to see how the carriers handle the capacity. We've seen the reports noting the higher volume, and the spread in on-time order rates has widened by 2 points vs. last year (see exhibit 2 below). With all the promises being made on delivery time, we could see a lot of disappointed parents on Christmas Day.

 

Seriously... ANOTHER Themed Shopping Day? - mcgough 2


Early Look

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McCullough's Take On Star Wars And Disney | $DIS

On Fox Business' Morning's with Maria, Hedgeye CEO Keith McCullough discusses why he's generally positive on shares of Disney (DIS) with FBN's Dagen McDowell and Barron's Jack Otter. As McDowell says, "this proves that Keith is no Grinch, he's no Scrooge."


RTA Live: December 18, 2015

replay  below

 

 


Retail Callouts (12/18): FL | This Is Bad, Free Shipping Friday, KSS, TGT

Takeaway: FL - This Is Bad. TGT launching mobile wallet after data breach, seriously. Free Shipping Friday

FL | THIS IS BAD

 

Takeaway: e-commerce trends appear to be bifurcating further between Nike and FL as we head into year-end. FL remains Best Idea Short.

 

For the full note see link: CLICK HERE

 

Retail Callouts (12/18): FL | This Is Bad, Free Shipping Friday, KSS, TGT - 12 18 2015 FL NKE

 

 

Free Shipping Friday -- Seriously... ANOTHER Themed Shopping Day?

 

Today is Free Shipping Friday. For starters, did anyone know that this day even existed? It sounds more like an Instagram hash tag than a shopping promotion, but it’s simply another invented day along with the usual suspects (Black Friday, Cyber Monday, Small Business Saturday, Green Monday) intended to create a little extra buzz as we approach the end of the Holiday shopping season.  In fairness, the retailers need everything they can get. But on the flip side, if everybody is doing it, is it really a competitive advantage for anyone?

 

The day not only offers free shipping, but guaranteed delivery by Christmas eve. Of over 1064 participating merchants, one notable missing name from the list is KSS, which on its own lowered its free shipping threshold from $75 to $50 a few weeks back and introduced a whole host of Door Buster sales that will hit this Saturday.

 

One day of free shipping isn't damning for margins by any means, but we think it’s indicative of the inevitable reality that US Retail is moving to 100% free shipping, 100% of the time.

 

It will be interesting to see how the carriers handle the capacity. We've seen the reports noting the higher volume, and the spread in on-time order rates has widened by 2 points vs. last year (see exhibit 2 below). With all the promises being made on delivery time, we could see a lot of disappointed parents on Christmas Day.

 

Retail Callouts (12/18): FL | This Is Bad, Free Shipping Friday, KSS, TGT - 12 18 2015 Shipping

 

Retail Callouts (12/18): FL | This Is Bad, Free Shipping Friday, KSS, TGT - 12 18 2015 Bizrate chart

 

 

TGT, WMT, AAPL - TGT mobile wallet in the works...great

http://uk.reuters.com/article/uk-target-mobile-payment-idUKKBN0U11U720151218

 

We don't understand the need for retailers to launch their own mobile payment systems -- aren't credit cards enough? As if the companies need to assume the liability, why not let Apple, Google, and Samsung duke it out. On Target specifically, who in their right mind would give the company that type of access to credit card information after its system and security failures led to one of the biggest data breaches in retail history?

 

BBY - Best Buy hopes faster free shipping will rein in holiday procrastinators

http://www.startribune.com/best-buy-hopes-faster-free-delivery-will-reign-in-holiday-procrastinators/362871241/

 

AMZN - Amazon leasing airplanes, tired of UPS and FedEx

http://www.seattletimes.com/business/amazon/amazon-in-talks-to-lease-20-jets-to-launch-air-cargo-business/

 

The force is strong in retail thanks to Star Wars

Marketing campaign launch date challenged Cyber Monday in online sales

http://www.houstonchronicle.com/business/outside-the-boardroom/article/The-force-is-strong-in-retail-thanks-to-Star-Wars-6704858.php

 

BABA - Bad BABA warned of selling counterfeit items by US

http://www.wsj.com/articles/u-s-warns-alibaba-again-about-selling-counterfeit-goods-1450406612

 

APP - Two Parties Aligned With Charney Said to Have Bids Out for American Apparel

http://wwd.com/business-news/financial/two-parties-aligned-with-charney-bid-for-american-apparel-10300231/

 

AMZN - Study: Most holiday shoppers check out this retailer

"87% of respondents will comparison shop at Amazon.com before buying a gift….73% of respondents said they will buy from Amazon and 71% will spend more than a quarter of their holiday budgets on Amazon"

http://www.retailingtoday.com/article/study-most-holiday-shoppers-check-out-retailer


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