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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 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.

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.

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.

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 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.

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.

More than Recession Impacting Hispanic TV Ratings and Advertising

March 3, 2009

Harsh times for Spanish-language TV | www.medialifemagazine.com

1.    When U.S. Hispanics turn on their televisions over half are tuning to English language programs.        2.    Younger Hispanic viewers are not the only major segment in front of English language TV.

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 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.

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 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.

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.

Will New French State TV Advertising Regulations Provide for TF1 and M6

February 25, 2009

TF1 Slumps Most Since 2001 on Sales Drop Forecast | www.bloomberg.com

1.      French state-owned television will be phase out commercials entirely by 2011, eliminating some $700 million in advertising revenue      2.      French TV ad spending was $4.6 billion in 2008. For 2009, ZenithOptimedia expects a 5% decline

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 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.

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.

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.

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.

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.

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