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Millennials and shoes
For a while, I’ve been convinced that my search for secular growth consumer stories should shift from Baby Boomers–an amazingly rich lode to mine for my entire career–to Millennials. Two reasons:...
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Whole Foods (WFM) and Millennials
What should we make of the announcement by WFM that it’s launching a new chain of supermarkets–smaller stores, selling less expensive merchandise, targeted to Millennials? preliminaries I was an early...
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the holiday retail season: Millennials vs. Boomers
Conventional wisdom in the US has long been that 30-somethings want a house, a car and clothing suitable for work. Fifty-somethings want a vacation home, jewelry and a cruise. As the Baby Boom...
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segmenting Millennials
I got an e-“book” from NPD, the retail data and analysis people, the other day that argues we as investors shouldn’t look at Millennials as a coherent group, but rather segment them by age ( I wrote...
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US retail inventories
Going into the end of year holiday shopping season, inventories of US merchants–especially of apparel–seem to be unusually (i.e., too) high. I don;t think this is the case across the board. It...
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Millennials and job-hopping
Knowing my interest in the behavior of Millennials, my friend (and regular reader of PSI) Bob sent me a link to a 538 Economics article on Millennials and job-hopping. The post is short and worth...
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Millennials as socially aware investors
I’ve been at least peripherally conscious of the Socially Responsible Investing (SRI) segment of the investment management business for a very long time. The criteria for a company or security being...
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more on demographics: Millennials vs. Boomers
Market intelligence company NPD recently published a paper titled “Winning Millennials, Gen X and Boomers with the Five Ws.” It analyzes shopping habits of Americans in different age categories based...
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thinking about retail: Dicks Sporting Goods (DKS)
DKS reported disappointing earnings Monday night. Its stock dropped by 23% in Tuesday trading. So far this year it has lost 49% of its value, in a market that’s up by 10%. …this in spite of the...
View Articlemy take on Kraft Heinz Co (KHC)
Late last week, KHC reported 2Q18 earnings. The figures were disappointing. More importantly, the company announced it is: –cutting the $.625/quarter dividend to $.40, –writing down the value of its...
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