Ryman owners open Opry Mills concept store

Southern lifestyle boutique selling apparel, branded items
Jul 15, 2014 2:49 PM

Genesco, HCA execs cash in some big chips

Genesco Vice President and Chief Accounting Officer Paul Williams this week cut his stake in the shoe and hat retailer by 40 percent by selling almost 10,000 of his shares. Williams' proceeds from the sale came to nearly $750,000. Shares of Genesco (Ticker: GCO) are up about 5 percent year to date.

Shares of hospital giant HCA Holdings (Ticker: HCA) have been on a nice run of late, climbing 13 percent in the last two months and 35 percent over the past year. Juan Vallarino, the company's senior VP of employer and payer engagement, took advantage of that this week by exercising 15,000 stock options that would have expired in 2021 and then selling the resulting shares. His profit on those moves topped $565,000.

Jun 13, 2014 10:56 AM

NY clothing store moves here to 'bring a little bit of British flavor'

After about five years in New York City's Lower East Side, designer Andrew Clancey and artist/entrepreneur Chris Melton are preparing to reopen their Any Old Iron clothing store in the building pictured below at the corner of Shelby Avenue and 17th Street in East Nashville. The concept aims to "bring a little bit of British flavor to Nashville" and also will feature exclusive collections and antiques. Check out the venture's Facebook page for a taste.

 

Jun 13, 2014 6:59 AM

Swiftwick enters medical device market

Brentwood manufacturer developing compression socks to treat poor blood circulation
Jun 9, 2014 6:58 AM

Genesco buys licensed sports clothing chain

Lids division fills out Ohio, Kentucky store network
Jun 6, 2014 7:13 AM

Analyst action: Genesco, Brookdale

Mark Montagna at Avondale Partners isn't convinced Genesco's results will improve markedly during the second half of the company's fiscal 2015 and beyond. Several fashion trends — or the clear lack thereof — are working against the shoe and hat retailer, he says, and the rollout of its lower-margin Locker Room chain will hurt profits. But he expects the company will keep its premium valuation, which now is about 14 times earnings, and has hiked his price target to $77 from $70. That leaves about 5 percent of upside for Genesco (Ticker: GCO), which is up slightly year to date.

Jefferies analyst Brian Tanquilut has begun covering shares of Brookdale Senior Living with a 'buy' rating and a price target of $40, which is more than 20 percent above where the stock (Ticker: BKD) now trades. Tanquilut likes the growth prospects of senior housing in general and says the planned acquisition of Emeritus "will yield better-than-expected synergies and incremental equity value as the combined entity puts up healthy growth and exerts its market power."

Jun 3, 2014 6:58 AM

Genesco results boost shares

Adjusted Q1 profit drops 13% but company sticks to guidance
May 30, 2014 11:39 AM

Avondale: Don’t look for wow in Genesco’s Q1

Local retail analyst Mark Montagna at Avondale Partners says investors shouldn’t expect Genesco to beat the Street when it reports its fiscal first-quarter profits May 30. Montagna says the department store sector’s results so far this spring don’t suggest that traffic improved much late in the quarter. He has lowered his estimates for the quarter to 92 cents from 95 cents — consensus is at 91 cents — and maintained his ‘market perform’ rating. His $70 price target for the stock (Ticker: GCO) is about 5 percent below where it is changing hands these days.

May 22, 2014 10:24 AM

Express outlet concept set for Opry Mills

Opry Mills will next month become one of about 30 Mills properties around the country to have its Express store converted to that chain's new Factory Outlet concept. Officials say the factory outlet approach "supports the retailer's growth strategy of becoming more accessible to the twenty-something, fashion-conscious, yet price-sensitive customer."

Apr 29, 2014 7:12 AM

More Genesco, Acadia insiders sell stock

The tide of share selling among local public-company executives has ebbed a bit, but there have still been a few noteworthy transactions in the past week and change at companies where leaders have been active of late. At shoe and hat retailer Genesco, Senior Vice President Jonathan Caplan took in more than $900,000 from the sale of more than a sixth of his stock while fellow SVP Mimi Vaughn pocketed about $245,000 by selling more than 3,000 of her more than 48,000 shares.

Over at Acadia Healthcare, former COO and Eastern Division President Karen Prince unloaded all but 100 of her remaining shares for about $250,000. Prince left Franklin-based Acadia in the spring of 2012.

SEE ALSO: Other recent insider trades of note

Apr 15, 2014 6:46 AM