DIRS.INFO The most relevant business & tech news

☆ Target's recent trade imports data tells the real story behind massive earnings miss
▼ + stars: | 2024-11-21 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

But cargo container trade data reviewed by CNBC tells a more nuanced tale. "We took some action to move product ahead of the port strike which came with more cost," Fiddelke said. Target's peak season imports for 2024 compared to 2023 were flat to down, according to cargo container volumes data pulled and analyzed by ImportGenius. According to customs data aggregated by Panjiva, Walmart imported 25,000 shipments from May 31-August 31, valued at $1.3 billion. "With any frontloading for the port strike, inventory would be up even higher than that."

Persons: Brandon Bell, Brian Cornell, Michael Fiddelke, Fiddelke, William George, Lynn Hughes, we're, Jerry Storch, Storch, Joe Feldman, Feldman, Bill Simon, Simon, Melissa Repko Organizations: Getty, CNBC, Target, ILA, ImportGenius, Storch Advisors, Panjiva, Walmart, Telsey Locations: Austin , Texas, U.S, New England, Texas, West Coast, Savannah , Georgia, Long Beach , California, of Virginia, West, East Coast, Gulf

☆ What to watch for in retail earnings this week
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat to watch for in retail earnings this weekGerald Storch, Storch Advisors CEO, joins CNBC's 'Money Movers' to discuss the state of the consumer, what he's looking for in retail earnings this week, and more.

Persons: Gerald Storch Organizations: Storch Advisors

☆ Saks Fifth Avenue parent HBC to purchase Neiman Marcus Group in a $2.65 billion deal
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaks Fifth Avenue parent HBC to purchase Neiman Marcus Group in a $2.65 billion dealStorch Advisors CEO Jerry Storch joins 'Money Movers' to discuss Saks parent company's decision to buy Neiman Marcus, luxury retail's pandemic comparisons to today, and much more.

Persons: Jerry Storch, Neiman Organizations: Saks, HBC, Neiman Marcus, Storch

☆ Storch: AI is poised to revolutionize the retail industry
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStorch: AI is poised to revolutionize the retail industryGerald Storch, CEO of Storch Advisors, discusses how artificial intelligence impacts the retail industry.

Persons: Email Storch, Gerald Storch Organizations: Storch Advisors

☆ Retailers will be under pressure this holiday season, says Gerald Storch
▼ + stars: | 2023-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetailers will be under pressure this holiday season, says Gerald StorchGerald Storch, CEO of Storch Advisors, gives his expectations for consumer spending this holiday season.

Persons: Gerald Storch Gerald Storch Organizations: Storch Advisors

The holiday season, which begins with Black Friday at the end of November and lasts roughly until the end of December, is expected to be especially tough for retailers selling discretionary items, executives say. "We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season."

Persons: Peter Nicholls, Larian, Santa Claus, Barbie, Loo, Isaac Larian, Toymakers, Nic Aldridge, Aldridge, Mattel's, Steve Totzke, Florian Sieber, Simba, Sieber, Totzke, Frédérique Tutt, Jerry Storch, Richa Naidu, Matt Scuffham Organizations: REUTERS, Hasbro, Mattel, Consumers, Euromonitor, MGA Entertainment, Toymakers Hasbro, Reuters, Bandai, P, Global, Storch Advisors, Hudson's, Thomson Locations: London, Britain, Europe, Santa, United States, Loo Wee, U.S

"We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season." "But it's a reality that there won't be as many toys sold this year as last year."

☆ Birkenstock has a lot more growth ahead of it, says Storch Advisors CEO
▼ + stars: | 2023-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBirkenstock has a lot more growth ahead of it, says Storch Advisors CEOGerald Storch, Storch Advisors CEO, joins 'Closing Bell: Overtime' to discuss Birkenstock ahead of its expected IPO launch.

Persons: Gerald Storch Organizations: Storch, Storch Advisors

☆ Walmart is 'winning' in this economy, says Storch Advisors CEO
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart is 'winning' in this economy, says Storch Advisors CEOGerald Storch, Storch Advisors CEO and former Target vice chairman, joins ‘Squawk on the Street’ to discuss why Walmart is outpacing its competitor Target, how the retail sector is doing, and more.

Persons: Gerald Storch, Squawk Organizations: Walmart, Storch, Storch Advisors, Target

☆ Back to school and back to the office will greatly impact retail and real estate, says two experts
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBack to school and back to the office will greatly impact retail and real estate, says two expertsGerald Storch, CEO of Storch Advisors, and Julie Whelan, Global Head of Occupier Thought Leadership at CBRE, discuss how the back-to-school and back-to-work seasons will likely impact spending trends and commercial real estate.

Persons: Gerald Storch, Julie Whelan Organizations: Storch Advisors, Global, CBRE

☆ Former Target Vice Chairman on earnings and the American consumer
▼ + stars: | 2023-08-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Target Vice Chairman on earnings and the American consumerGerald Storch, Former Target Vice Chairman and Storch Advisors CEO, lays out the earnings scorecard for the quarter and what it means for the stocks and the economy.

Persons: Gerald Storch Organizations: Former, Storch Advisors Locations: American

☆ Young consumers' luxury spending has 'fallen off a cliff' in recent months, says Gerald Storch
▼ + stars: | 2023-06-29 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYoung consumers' luxury spending has 'fallen off a cliff' in recent months, says Gerald StorchGerald Storch, Storch Advisors CEO, joins 'Fast Money' to talk consumer retail trends after Nike's mixed quarterly report.

Persons: Gerald Storch Gerald Storch Organizations: Email Young, Storch Advisors

☆ Watch CNBC's full interview with Storch Advisors CEO
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Storch Advisors CEOGerald Storch, Storch Advisors CEO and former Target vice chairman, joins ‘Squawk on the Street’ to discuss retail's rough run in the market and what's ahead for the sector.

Persons: Gerald Storch, Squawk Organizations: Storch, Storch Advisors

☆ Storch Advisors CEO on what lies ahead for the retail sector
▼ + stars: | 2023-06-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStorch Advisors CEO on what lies ahead for the retail sectorGerald Storch, Storch Advisors CEO and former Target vice chairman, joins 'Squawk on the Street' to discuss retail's rough run in the market and what's ahead for the sector.

Persons: Gerald Storch Organizations: Storch, Storch Advisors

☆ Watch CNBC's full interview with Danielle DiMartino Booth, Gerald Storch, and Jan Kniffen
▼ + stars: | 2023-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Danielle DiMartino Booth, Gerald Storch, and Jan KniffenDanielle DiMartino Booth, QI Research CEO, Gerald Storch, Storch Advisors CEO, and Jan Kniffen, J. Rogers Kniffen WWE CEO, join 'Last Call' to discuss the recent stock slides in luxury retail, the state of the high-end consumer, and more.

Persons: Danielle DiMartino Booth, Gerald Storch, Jan Kniffen Danielle DiMartino Booth, Jan Kniffen, J, Rogers Kniffen Organizations: Research, Storch Advisors, Rogers Kniffen WWE

☆ Consumers are stressed at every level, says fmr. Toys "R" Us CEO Gerald Storch
▼ + stars: | 2023-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are stressed at every level, says fmr. Toys "R" Us CEO Gerald StorchDanielle DiMartino Booth, QI Research CEO, Gerald Storch, Storch Advisors CEO, and Jan Kniffen, J. Rogers Kniffen WWE CEO, join 'Last Call' to discuss the recent stock slides in luxury retail, the state of the high-end consumer, and more.

Persons: Gerald Storch Danielle DiMartino Booth, Gerald Storch, Jan Kniffen, J, Rogers Kniffen Organizations: Consumers, Research, Storch Advisors, Rogers Kniffen WWE

☆ Until you stop the resale marketplace for shoplifted items the theft won't stop, says Gerald Storch
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUntil you stop the resale marketplace for shoplifted items the theft won't stop, says Gerald StorchGerald Storch, Storch Advisors CEO and fmr. CEO of Toys 'R' Us and Hudson's Bay, joins CNBC's Courtney Reagan and 'Last Call' to discuss the recent uptick in shoplifting and how it's impacting retail brands.

☆ Be very cautious going into retail earnings, says fmr. Target Vice Chairman Gerald Storch
▼ + stars: | 2023-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBe very cautious going into retail earnings, says fmr. Target Vice Chairman Gerald StorchGerald Storch, Storch Advisors CEO and former Target vice chairman, joins 'Squawk on the Street' to discuss the overall story in retail, if there are big swings in cyclical buying patterns, and much more.

☆ Bomb cyclone set to derail final retail holiday push?
▼ + stars: | 2022-12-22 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBomb cyclone set to derail final retail holiday push? Gerald Storch, Storch Advisors CEO and former Hudson's Bay CEO, on the last-minute holiday consumer outlook. With CNBC's Frank Holland and the Fast Money traders, Tim Seymour, Guy Adami, Dan Nathan and Courtney Garcia.

☆ Jerry Storch on Black Friday: It was bad and the 2% growth in online sales is tragically bad
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJerry Storch on Black Friday: It was bad and the 2% growth in online sales is tragically badJerry Storch, Storch Advisors CEO, joins 'Power Lunch' to discuss Black Friday, what a decline in auto sales means for the broader economy, what's changed for the consumer and more.

☆ It is a very difficult environment for clothing, electronics and home goods
▼ + stars: | 2022-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt is a very difficult environment for clothing, electronics and home goodsGerald Storch, Storch Advisors CEO and former Toys 'R' Us chairman and CEO, joins 'Power Lunch' to discuss a recap of the Black Friday shopping trends, if Black Friday and Cyber Monday are a thing of the past and more.

☆ Storch Advisors CEO says retail is not in a good spot ahead of Black Friday
▼ + stars: | 2022-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStorch Advisors CEO says retail is not in a good spot ahead of Black FridayGerald Storch, CEO of Storch Advisors, joins Worldwide Exchange to discuss the state of retail and the consumer ahead of Black Friday shopping.

Search resuls for: "Storch Advisors"

22 mentions found