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Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Lehman Bros Collapse-A Lesson Still Unlearned

September 15, 2009

Shifting Consumer Values | www.retail-merchandiser.com

Lehman Bros' collapse was an epic earthquake that nearly destroyed the U.S. financial system. A year later, there are still aftershocks and the remainder of our financial institutions isn’t really that different. Clearly, we haven't learned much from the event, especially when it comes to economics and policy-making. Here's more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Signet Out Performs, While Zale Stumbles

September 9, 2009

Zale Corporation Postpones Fourth Quarter Results | www.reuters.com

Signet out performs the market as Zale stumbles again. Here's more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Escalating Gold Prices Means Less Shine for All Jewelers, Especially Zale

September 8, 2009

Gold shines, topping $1,000 | articles.moneycentral.msn.com

Profitable jewelers like Kay and unprofitable ones like Zale will be adversely affected by higher gold prices. Here's more.

James MeyersChief Executive Officer Alpha Media What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Coinstar’s Redbox Expands Relationships with Studios

August 31, 2009

Redbox Sues Studio Over Access to Films | online.wsj.com

Redbox’s future will ultimately be affected by a number of variables, starting with whether or not the Universal (NYSE: GE), Fox and Warner Brothers studios succeed in their struggle to create a kiosk release window.

James MeyersChief Executive Officer Alpha Media What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

With Financing in Place, DreamWorks to Produce Six Movies a Year

August 20, 2009

Spielberg Gets Funds to Start Up New Studio | online.wsj.com

DreamWorks is able to achieve what many Hollywood producers have been unable to do: secure new sources of film funding in financially difficult times.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Can Retailers Compete With Government's "Crown Corporations”?

August 14, 2009

US EARNINGS WRAP: Wal-Mart Profit Flat, Kohl's Down 3% | online.wsj.com

Retailers now face competition from what Europeans call "Crown Corporations", i.e., companies that are controlled by the government, like General Motors and Chrysler. Here's why retailers are likely to be the losers.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Credit Contraction Threatens Jeweler's Sales Recovery

August 12, 2009

Consumer Credit Contraction Shows No Sign of Slowing | seekingalpha.com

Growing, not shrinking, problems threaten any fall recovery for retailers in general and jewelers specifically. Here is more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Zale (ZLC) Panics?

August 10, 2009

Zale Corporation Announces Real Estate Realignment | www.reuters.com

Zale hastily closes 118 stores in the 4th quarter. But, is it panic or a part of plan? Here's more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Finlay's (FNLY) Demise, Elegy for Big Jewelry Chains

August 7, 2009

Finlay Enterprises, Inc. Files for Protection Under Chapter 11 | www.google.com

Finlay's bankruptcy illustrates several fundamental challenges in managing large jewerly store chains. Here's more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Will Second Half Jewelry Sales Disappoint?

August 6, 2009

Sluggish July sales show tight-fisted consumers | www.forbes.com

Despite all the media spin about the economy stabilizing, jewelers are likely to face bigger declines than expected during the second half. Here is why.

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