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Bunnings growth at risk as market reaches saturation: Citigroup

2015-03-10 08:05:40| Agriculture - Topix.net

Bunnings managing director John Gillam has dismissed concerns about the retailer's strategy of dominating the $43 billion home improvement market and squeezing out rivals by opening new stores in a saturated market. Investment bank Citigroup said Wesfarmers-owned Bunnings already has too many stores and margins are likely to come under pressure if it presses ahead with plans to open 20 stores a year for the next two years, twice the number of new stores planned by Woolworths' Masters big-box chain and Metcash's Mitre 10 network.

Tags: market growth risk reaches

 

Citigroup Inc. Cuts 3D Systems Price Target to $35.00

2015-03-01 09:41:02| Electronics - Topix.net

The firm currently has a "neutral" rating on the stock. Citigroup Inc.'s target price would indicate a potential upside of 14.87% from the stock's previous close.

Tags: to price systems target

 
 

Citigroup Inc. Raises Hasbro Price Target to $73.00

2015-02-28 18:02:34| Toys - Topix.net

The firm currently has a "buy" rating on the stock. Citigroup Inc.'s price target would indicate a potential upside of 17.15% from the company's current price.

Tags: price target raises citigroup

 

Citigroup Launches $100 Billion Sustainability Drive

2015-02-23 23:53:00| Waste Age

<a href="http://www.triplepundit.com/">Triple Pundit</a> On Feb. 18, Citigroup made a landmark commitment to finance sustainable development across its worldwide business footprint. read more

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Citigroup Singled Out These 2 Retailers As 'Being Concerned' Over Port Closures

2015-02-20 01:00:43| Footwear - Topix.net

In a report published Thursday, Citigroup analyst Kate McShane commented that both Steven Madden, Ltd. and Skechers USA Inc are "concerned" that the West Coast Port closures could "curtail" this full-price selling season, which is already shorter due to an earlier Easter. McShane noted that Steven Madden is seeing some shipments delayed by as much as five weeks, while Skechers noted a three-week delay in some instances with delays affecting both its retail and wholesale businesses.

Tags: over port concerned retailers

 

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