Posts Tagged ‘Genesco’

What a Specialty Retailer Might Learn From Genesco

Wednesday, March 16th, 2011

I’m not really that interested in doing a full analysis of Genesco. Mostly because I doubt you’re that interested in reading it. But Journeys, owned by Genesco is 813 stores and the Journeys group of stores is over 1,000 in the U.S. and Canada so we can hardly not pay attention to what they’re up to.  For the year ended January 29th, Genesco’s revenues were almost $1.8 billion. Of that, Journeys represented $804 More…

What Are Big Brands Doing in Retail? It’s a Bit Scary

Wednesday, May 12th, 2010

Below is the handout I distributed at IASC’s Skateboard Industry Summit at the end of April where I talked about the evolving retail environment.  These are quotes from recent fillings and conference calls by Billabong, Genesco (owners of Journeys), Nike and Zumiez about how they see the retail environment and their involvement in it.  Except for Nike, you’ve seen these if you’ve read in detaill my most recent analysis of More…

Genesco’s Take on The Retail Business

Monday, March 15th, 2010

Genesco, the owner of Journey’s, reported its results for the quarter and year ended January 10th in early March. A couple of days later they made an investor presentation that discussed these results. I’ll talk briefly about their numbers, but what really caught my attention was their discussion of the retail environment and their retail strategy. Genesco operates 2,270 retail stores in the United States and Canada. 90% of their revenues are retail More…