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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.

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

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.

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.

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.

3-D Cinema to Add $1 Billion to Box Office Revenues

April 13, 2009

'Monsters vs. Aliens' in 3-D: Taking filmmaking to another dimension | www.latimes.com

1.   Year to date domestic box office revenues are 14% higher than the record year of 2008         2.    Driven by 3-D, 2008 saw a 33% year-to-year rise in the number of digital screens available worldwide.

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.

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.

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’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.

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.

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.

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 (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. 

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 (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. 

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.

Broadcast TV Slump Translates to Cable Network Viewer Growth

March 26, 2009

TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com

1. Top 35 advertising supported cable networks have seen a 7% increase in total viewers this season while the broadcast networks are down 5%.      2.  There is a growing consensus among viewers that there is no real differentiation between broadcast TV and the top cable networks.

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 "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.

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