Nicholas White

Mr. Nicholas White

President, Retail Horizons, Inc


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GLG News by Mr. Nicholas White, President

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

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Does Zale's Higher Stock Price Signal a Recovery?

May 22, 2009

Zale Soars 28% in Sign of Jewelery Recovery | www.thestreet.com

Does Zale's higher stock prise signal a arecovery or is it a consequece of the companies instability?  Here's more.

Investors Need More Information About Zale (ZLC)

May 6, 2009

Best Performing Stocks During the Rally | seekingalpha.com

Zale has been one of the best performing stocks in the recent market rally.  But does the increase signal a stronger company and a strengthening industry or just an irrational market.  Here's why investors may need more than technical tools and fundamental analysis to decide.

Zale Liabilities Increase, But Does It Matter?

May 4, 2009

Zale may be on hook for leases of Bailey Banks & Biddle | www.dallasnews.com

Zale liabilities for BB & B leases are real, quantifiable, and an imminent threat to future earnings and cash flow.  But will the company recognize them?  More importantly, does it matter in today's neurotic market?  Here's more

Blue Niles' (NILE) Problems Are No Secret

April 21, 2009

Ahead of the Bell: Blue Nile downgraded | www.forbes.com

Does Deutsche Bank know something about Blue Nile no one else does?  Maybe, but Blue Niles' problems are no secret.  Here's more.

Small Jewelers Likely to Benefit as Large Public Jewelers Change Leadership

April 9, 2009

Beasley Resigns from Helzberg; Replaced by Raff | www.jckonline.com

Turmoil in the executive suites of large jewelry chains will benefit smaller jewelry competitors.  Here's more.

Signet’s (SIG) Short Positions Climb as Zale (ZLC) Prices Soars-Revised

April 7, 2009

Zale Shares Shine In Light Of Signet's Positive Outlook >ZLC | online.wsj.com

Here's why short sellers of Zale stock may be the only winners.

IS Best Buy (BBY) Struggling To Find Direction?

April 5, 2009

Best Buy following Toys R Us into used games? | www.examiner.com

Being number one has the advantage of choice that the competitive market place rarely gives a retailer.  But with choice, comes the need for discipline.  Here why Best Buy's latest move should concern investors.

Signet (SIG) Lags Jewelry Market Growth

March 31, 2009

Signet Jewelers Ests Reduced | www.zacks.com

Despite meeting analyst's earnings expectations, Signet's own numbers show they are losing market share to the independent and small regional jewelers.  Here's more. 

Finlay (FNLY) Closer to Liquidation (Revised)

March 30, 2009

Zell Bros. shelves high-profile move | www.bizjournals.com

Finlay's management appears to say one thing while actually doing another.  Here's why the company may be closer to liquidation than most know. 

Finlay's "Unannounced Liquidation" Spills Over to Zale's Balance Sheet

March 16, 2009

Finlay enters into new agreement with CEO: SEC filing | www.reuters.com

As Finlay methodically roles out its "unannounced" plan for liquidation, its problems begin to spill over to Zale's beleaguered balance sheet.  Here's why Zale may be the fourth large jewelry to sink into financial obscurity over the next 24 months.

Zale Board Ignores Opportunities

March 5, 2009

UPDATE 3-Zale posts loss after charges, to close stores | uk.reuters.com

With the industry in turmoil, Zale's board ignores an opportunity to reinvent the company in the wake of an industry shake out that began after Christmas 2008.  Here's more.

Exclusive Sites Depend on Surplus Goods for Prosperity.

March 5, 2009

Exclusive sites offer fashion deals to those “in the know” | www.stores.org

Niche marketing along with a surplus of goods offers exclusive online resellers short-term business opportunities.  Here's more.

Finlay's Demise Marks a Turning Point in the $65 Billion Jewelry Industry!

March 4, 2009

Jewelry vendor pulling out of Boston Store, Macy's, others | www.jsonline.com

Finlay's restructuring and likely subsequent bankruptcy marks a turning point for $65 billion jewelry industry.  Here's why.

Finlay Bondholders Buy Time at Suppliers Expense

February 27, 2009

Finlay to Exit Dpt. Stores, Close 40 of its Specialty Boutiques | www.diamonds.net

Troubled GE Capital and Falcon Harbinger bought time to get their weak balance sheets into better shape before pulling plug on Finlay Enterprises.  Here's why Finlay needs new investors and soon.

Zale Management Brings Company to Its Knees

February 25, 2009

Zale Corp. reports loss, plans job cuts | www.portfolio.com

After a long string of failures, Zale's board and current operating management has finally brought this American retail icon to its knees.  Here's more.

Finlay to Declare Bankruptcy Unless Vendors Comply-Part 1

February 25, 2009

Finlay Negotiating Terms with Vendors | www.diamonds.net

Finaly tries to delay the inevitable if it can get certain suppliers to reschedule payments for last years merchandise.  Here's the deal as reported and what it means to the industry.

No Joy at RadioShack (RSH)

February 24, 2009

RadioShack 4Q Net Drops 39% On Falling Margins, Sales | money.cnn.com

On the one hand Julian Day may be the right man for the job during a recession.  On the other, his lack of vision and inexperience in specialty retailing may mean Radio Shack misses the biggest CE retailing opportunity since the advent of the category killer format.  Here is why.

Do Birks & Mayors (BMJ) Results Fore Tell Grim Times for Retail Jewelers?

February 24, 2009

Birks & Mayors Reports Third Quarter Fiscal 2009 Results | www.tradingmarkets.com

Everyone knows that the retail jewelry was one of the hardest hit sectors during the holiday season.  Birks & Mayors earnings results may quantify just what "hard hit" means for the jewelry industry in general and for companies like Zale and Finlay specifically.

Zale (ZLC), A Model for the Future or History's Footnote?

February 23, 2009

IDEX Online Research: Inflation Pace for Jewelry Slows in January | www.idexonline.com

As Zale prepares to report the worst holiday profits in the company's history, its becomes clear that mid-market jewelers must reinvent their profit model in order to survive.  Here's why

Are Walmart's (WMT) Best Day Behind It?

February 19, 2009

Wal-Mart Has Its Day | www.forbes.com

Even as Walmart thrives in this recessionary economy, changes in consumers buying behavior and rapidly declining international economies may mean its best day are behind it.  Here's why.

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