01/19/2010 » CFO Study Highlights New Priorities Retailers are taking a broader approach to inventory management, looking beyond merely cutting orders, according to a survey of CFOs of U.S. and Canadian retail chains by Karabus Management, a subsidiary of PricewaterhouseCoopers in Canada.
01/04/2010 » Gauging Retail Shares: Challenging Year Ahead After a Buoyant 2009 Hello, 2010. Be kind. That’s retailers’ likely New Year’s wish as they hope their nascent sales turnaround follows the lead of the sector’s stocks, which rallied back 47.2 percent last year as the credit markets loosened and the recession eased.
12/31/2009 » E-commerce continues to be a boon for retail chains, new report finds Nearly half of retailers said their online sales are growing at a faster rate than their overall sales, according to a recent poll of 26 U.S. and Canadian retail chains by Karabus Management, a subsidiary of PricewaterhouseCoopers LLP in Canada.
12/23/2009 » Stores enjoy kick-outs this Christmas Following last year’s holiday season defined by significant sales declines, excessive inventory and deep markdowns, a new study from Karabus Management, a subsidiary of PricewaterhouseCoopers LLP (PwC) in Canada, examines the efforts retailers have taken to improve business and financial performance this holiday season and into 2010.
12/21/2009 » Snow Challenges Northeast Retailers Retailers are expected to extend their shopping hours and step up promotions over the next few days in order to recoup some of the shopper traffic lost this past weekend in the Northeast’s first major winter storm.
12/21/2009 » CFOs Reveal Ad Strategies Retail finance executives cut where and what they could in 2009, including marketing budgets, but the flexibility of their partners and emphasis on productivity allowed them to maintain or even increase their advertising outreach.
12/18/2009 » Recession Boosts Retail CFOs Fiscal Discipline In its second annual survey of CFOs at 26 national specialty and department store chains in the United States and Canada, Karabus Management, a subsidiary of PricewaterhouseCoopers, determined that retailers have become more focused on return on investment and more concerned about the cost of growth.
12/02/2009 » Economy 101: Understanding holiday shopping data Most pundits generally agree that the start of the season was just ho-hum. But if you examine the details, you'll come across all sorts of disagreement over exactly how things have gone.
11/27/2009 » With consumers budget-conscious, merchants offer deals, discounts Consumers are skittish about spending, worried about their jobs, and retailers are trying to squeeze every dime they can out of them during a holiday shopping season that's forecast to be one of the flattest in years.
11/27/2009 » Carson City retailers gear up for Black Friday Amid one of the steepest economic declines in generations, the prospects of a profitable Black Friday are considered to be only marginally better when compared to the 2008 shopping season, which was marred by the initial weeks of the global financial crisis.
11/27/2009 » Recession-era Black Friday Filled With Challenges After more than a year of recession fallout that made holiday 2008 a retail Waterloo, stores will put their austerity strategies to the stiffest test when the season moves into high gear on Black Friday.
10/19/09 » Will Holiday Shoppers Be Merry or Miserly? With so many jobless consumers, many retailers are repared to endure another weak holiday selling season. But some analysts have turned optimistic.
06/30/09 » Saks Denies Shoppers The Goods Luxury retailers such as Saks and Neiman Marcus are reverting back to the fundamentals of economics by reducing supply in the hopes of generating demand.
06/15/09 » Stores' Cost-Cutting May Transform Retail Consumers aren’t the only ones cutting back. Retailers are reducing their spending — with most broadline players slashing millions from their budgets as they try to counter withering sales.
06/08/09 » Recession Roundtable Anticipates More Retail Rumbles A group of liquidation expects warned of more bankruptcies to come — and soon — during a recent roundtable sponsored here by Berns Communications Group.
05/04/09 » Supermarket News: Survey Cites Areas for Cost-Cutting Citing a benchmark survey of more than 20 North American operators, Karabus found that best-in-class retailers realize considerable savings in areas such as real estate costs, advertising spending and other areas.
06/02/2009 » Antony Karabus speaking at STORE2009 Conference, Toronto Antony Karabus, CEO of Karabus Management, will be leading a discussion entitled "How Fit is Your Business? Cost Management Trends and Recommendations"
STORE2009 is Canada's Retail Conference - more than 800 retail executives, suppliers and vendors attend the two-day annual event, which takes place June 1 & 2, 2009.
04/16/2009 » General Growth filing clouds future for stores The bankruptcy of the second-largest U.S. mall owner, General Growth Properties Inc, will have little immediate effect on its retail tenants, but could hurt them down the road.
04/16/2009 » Marrying retail's art and science Merchandise planning has taken on greater importance as stores battle slumping demand and customer traffic in the face of the recession and rising unemployment.
04/14/2009 » Notching it down While some fashion designers close their studios and retailers shutter their windows, smaller Toronto-based retailers and manufacturers are buckling down for the recession.
04/14/2009 » Fashion's Shifting Paradigm Moving ahead in the current economy will require fashion companies to be as flexible and innovative as they've claimed to be all along.
03/30/2009 » Supermarket News: Turning South The recession that has battered the United States for several months made a sudden arrival in Canada late last year, bringing with it a chill of consumer caution expected to affect the fortunes of Canada's food retailers at least through the balance of the year.
03/24/2009 » Karabus Management to share insights at NYC event Karabus Management is hosting a retail-focused event at the Soho Grand Hotel in New York on April 1, 2009. During an evening of cocktails and dining, Antony Karabus will share insights on the state of the retail industry and keys to survival in today's challenging economic environment.
For more information contact Ilana Clamp, Karabus Management at 416-373-4235 or at iclamp@karabus.com
01/21/2009 » Grocers, Vendors Tussle On Pricing, Promotions Supermarket chains turn up the heat on suppliers to lower wholesale prices while food companies dig in to hold on to recent price hikes.
01/20/2009 » Flush Times for Liquidators Far-flung locales are being tapped as liquidators scurry to unload excess goods they are getting from retailers and manufacturers.
12/16/2008 » U.S. Retail Pain Jumps Border Liquidation of Linens N' Things Canadian stores serves as a stark example of how quickly the domestic industry has fallen victim to the U.S.-led downturn.
12/09/2008 » Private Brands Make for Critical Differentiator New survey finds that a strong store brand program is among the best practices leading grocery retailers rely on
to drive enhanced financial results
12/04/2008 » What Leading Retailers are Doing What are successful retailers doing to stay alive and even prosper? Karabus Management and Willard Bishop interviewed 15 leading grocery retailers to get the answer.
10/14/2008 » Holts Keeps Focused on the Details Softening sales doesn't mean that luxury retailer Holt Renfrew & Co. Ltd. is retrenching.
globeandmail.com, October 14, 2008
June 20, 2007 » Optimizing Markdowns: How to Achieve Meaningful ROI Antony Karabus, CEO of Karabus Management, delivered the keynote presentation at the Retail Clearance and Markdowns Conference in Chicago, IL.