J. Jill, Inc. (JILL)

[JohnSamuel]

I will also check out FRAN ...

... ;)

THANKS Pete & tdeck !

[tdeck]

Yep, the cycle of life, at least the way it has evolved.

[JohnSamuel]

Man, that is a hell of a redo .... nice !

The sad part of the "de'malling" ... how do you like that shaming tag ?

About 25 years ago, the city of Hurst, Tx went to court and had about 35 homes demolished through eminent domain to expand the mall. Now it has gone down hill losing tenants right and left and the families are wondering
"wow ... we sure got double screwed".

... and life goes on ... :)

[tdeck]

And rid themselves of some inventory need to cull down $30 mil or so IMHO, adds cash as well, much needed cash and draws new customers to website, make all online like a separate entity (clearance section) just focusing on 1-3 year old inventory.

[tdeck]

Yeah the suburban malls time is ending the only ones that will make it are the ones in areas with dense $$ populations, the past 2 eyars there has been a shit to outlets as you say and the big $$ malls in major cities the rest are going to wither and die, big boz stores dying Sears, JCP adding to that, they re large hunks of rental income to mall owners, IMHO malls will be going and where they are will become housing in the long run.

One in Philly just got redone lately, many undergoing big makeovers.

https://billypenn.com/2019/07/30/fashion-district-philadelphia-everything-thatll-be-open-at-launch-of-the-former-gallery-mall/

[JohnSamuel]

Pete,

Very glad to hear that those malls are not suffering like ours are.
Let's see how Jill does in the next 2 quarters with a more focused inventory assortments ... it appears management understands where it wants to go ... ;)

John

[pete807]

I flipped in and out of JILL this past Spring with the special dividend, and went to one of the stores in a well located Mall in MN.

The Mall will survive just because they are inside a built up big metropolis. Not unlike Empire but in Fly Over Country....

But the Rosedale Mall and others inside the cold north cities here are stabil because there is no more land available for retail expansion, and the access is situated around good highway arteries.

My wife liked the store, right across from the Apple store and started an account there and has bought some items. I thought your assessment was on target as the employees are happy here as well and the store said most of their business is repeat clients.
-pete

[JohnSamuel]

My friend, you are so correct about what has been done to the accounting principles that are "FORCED" on todays retail. The biggest joke in 2014 when they started presenting it as "future suggestions" they already knew it was going to be forced down. Lying beaureacrats were all there to support it with NO alternatives. Anyway, it is what it is until enough damage is done to their satifaction.

One thing, which I know you already know is that these "town squares and towne centers" that are multi-freestanding stores like the one I went to today is the future for retail. Very glad to see J. Jill there because the malls that are all over the SouthWest are DYING a fast painful death. Some of them are dead ... but the occupants are waiting on the LAST RITES being read !

Also, one big point I liked about the stores inventory assortment today ... J. Jill is not trying to carry every accessory item in ladies retail assortments. NO shoe assortment, NO purse assortment, NO costume jewelry assortment ... BUT ladies clothing that the 40 to 65 year old woman is interested in wearing and buying. NO FLUFF that will gather dust until it is forced out. I can not say what J. Jill was before but, now they seem focused and zeroing in on product that should sell thru. At least, that is my opinion, based on this one stores assortment and how the store is laid out. Also, the staff seem knownledgeable and attentive and offers assistance but, gives you the freedom to shop, but remains available.
Anyway, I did not see DEAD, TIRED or WORN OUT inventory and if the other stores look like this one ... I am MUCH encouraged !

John

[tdeck]

Yes it is thanks John, just keeping my big yap shut for the moment, what needed to be said was said. The overdone nature of the shorting/sell-off and negative news pushed by players in the market will soon be turned.

The new way of accounting is what gave retail it's "retail apocalypse" albatross. It all of a sudden looked like all companies debt had doubled even in some cases went up 1000%+ which wasn't the case. I have no idea why the new rule was made, I mean having to put future lease payments down as "longterm debt" is horseshit and IMHO Wall Street and the players used it to their advantage.

Retail goes through the over expansion victims and flushing out of hangers on that should have bailed out of the game every 10 years but it was really pushed hard this time with the new accounting.

It should be listed as long term commitments or something, that word "debt" has a negative feel to it, when it is nothing of the sort, hindsight it 20/20 if we all would have realized that this faux debt would be hitting companies one could have trimmed down and added back at the lows would have been healthier in the long run. IMHO there will be changes to the rule as it has caused a shit storm.

Companies that had little or no debt like another one I am in to suddenly have 200 0r 300 million in "debt" on the books is just ridiculous. All of a sudden there were supposedly going to be 100K's yes 100k's of new Fed Ex UPS etc trucks on the road and everyone would be sitting on their arse at home getting everything delivered is as stupid and impossible as when it was first suggested 20 years ago and then 10 years ago.

The thought of it is ridiculous especially when it comes to apparel and ladies/girls apparel even more so. Christ I have seen women take 6-7 items into a dressing room and buy nothing, to think that they could order at home is foolish, and what about returns? Seriously? Never will happen, E-commerce helps in 2 ways I have found after watching it closely with another company, it helps a company quickly and at a better margin rid themselves of overbought stock and mistakes in stock, yes it also has that 2-3 o'clock in the morning ordering ability where the register is going 24/7 but really the main drive for it is ridding of old stock that isn't moving or has been overbought, before companies could store it or sell it to a TJMaxx etc. That is how TJ Maxx came into being, and others like it, you know that, they were there to solve that problem, if anything E-commerce will be the death nel of those types of companies as traditional retailers can ride themselves of the merchandise at a profit or even at cost rather than selling to the TJ Maxxs of the world at .10 cents on the dollar, retail will be sorted in this next 6 months IMO and companies will be the better for it.

And as mentioned they have to do something with this "long term debt" accounting screw up for lease payments that run 5-10 years, its a cost and future one at that not a debt.

Peace out.

[JohnSamuel]

tdeck,

The wife and I went to the J. Jill store in Southlake Town Square (mid-cities area between Dallas-Ft.Worth) today and I have to admit she was quite impressed. We did not know until today that they had a shop there.

She felt the styling was very up to date and the quality of the product was exceptional and well made.

They are running their end of summer sale of 30-40% off. There were several other customers in the store besides us.

She would have bought one outfit but they did not have her size.

Anyway, it was our first time in a Jill store, but it was well worth the time. The sales ladies were very knowledgeble and professional.

Hope all is well with you and yours,
John

[tavito]

You might me right, but price action is hinting for me to stay on board. Next couple days will be telling.

[Halks1122]

I kinda think all the insider buying was a prop

[tavito]

I agree, she’s about to make a move soon.

[stocky101]

It’s gonna squeeze soon.... gonna see $4.50 in next few weeks

[tavito]

Seems like she’s ready for the next leg up.

[tdeck]

And the insiders continue to load, nice.

News everyday and its the right kind of news.


Peace out.

[Halks1122]

When are earning due out? Any catalyst will send this to $3

[tdeck]

Its like an everyday thing with these From 4's insiders loading every single day. Liking it.

Peace out.

[Halks1122]

This was inevitable. Easy money. Be smart - take profits. On to the next.

[JohnSamuel]

Well now ... we knew we would have a nice day shaping up, just not when it would happen ... today is as good of a day for it to happen as any ... bring it on Jill !!!

[Halks1122]

Higher highs and lows are being formed

[tdeck]

And another insider buy for 25K shares.

Peace out.

[Halks1122]

Looks like she’s ready. Good luck everyone.

[JohnSamuel]

One of these mornings we will wake up to a nice move up ... just like our Avita ... ;)

[tdeck]

Another 114,451 share insider buy reported today, regular daily occurrence.

Peace out

[tdeck]

Two more insider buys reported Friday, seems everyday they are lining up and throwing in, good to see.

Peace out.

[tdeck]

Everyday same thing insiders buying like gangbusters. Keep it up people.

Peace out.

[JohnSamuel]

I'll be glad when all these share purchases translate into a solid price increase ... the following shows up at 5:00 p.m. today ... I did add another 1,000 shares today ...

J. Jill +3.2% after CEO buys 60,000 shares
Jun. 19, 2019 5:00 PM ET | About: J.Jill, Inc. (JILL)|By: Jason Aycock, SA News Editor
J. Jill (NYSE:JILL) is up again, +3.2% postmarket, following disclosure of an insider purchase, this time by its CEO/president.

Linda Heasley bought 60,245 shares at an average price of $1.65 on Monday, according to a Form 4 filing.

That leaves Heasley with beneficial ownership of 210,195.63 shares.

TowerBrook Investors, a 10% owner, also noted a purchase of 170,682 shares at an average price of $1.6972.

Shares moved up after hours yesterday following a disclosure that James Scully bought more than $220,000 worth of stock.

[JohnSamuel]

I'll be glad when all these share purchases translate into a solid price increase ... the following shows up at 5:00 p.m. today ...

J. Jill +3.2% after CEO buys 60,000 shares
Jun. 19, 2019 5:00 PM ET | About: J.Jill, Inc. (JILL)|By: Jason Aycock, SA News Editor
J. Jill (NYSE:JILL) is up again, +3.2% postmarket, following disclosure of an insider purchase, this time by its CEO/president.

Linda Heasley bought 60,245 shares at an average price of $1.65 on Monday, according to a Form 4 filing.

That leaves Heasley with beneficial ownership of 210,195.63 shares.

TowerBrook Investors, a 10% owner, also noted a purchase of 170,682 shares at an average price of $1.6972.

Shares moved up after hours yesterday following a disclosure that James Scully bought more than $220,000 worth of stock.

[tdeck]

The new CEO did absolutely nothing that she was supposed to do. She should have been closing dead stores, selling off old inventory and I am sorry but her idea of running an expensive ad campaign which paid a lot in endorsements was not the wisest of choices.

I just took for granted she was doing all the right things, I think we discussed it 2-3 months ago that they were supposed to be closing non performing stores down, liquidating old stock obviously she thought a "I am woman, hear me roar" campaign was more important.


I have flipped a sack once and will continue to do that hopefully can make enough back flipping to even out and hopefully she can right the ship so that by EoY things are once again on track.

We shall see.

[Watch30]

Jill confuses me. A quarter or so ago they had a great quarter!! So much so , that hey gave a 1.15 per share special dividend!! How could things have gotten so bad so quick?? I accumulated a lot of stock 4.50-5 thinking this is a sure thing.

[Watch30]

I’m way underwater here. Considered selling for a tax loss as I have some considerable gains But seeing the insider buys I will hold for a bit.

[Halks1122]

Watch, what are your thoughts here?

[Halks1122]

Insiders buying a ton. Wayyy oversold. Easy money here. Just may not be overnight.

[JohnSamuel]

tdeck, getting a little love from Seeking Alpha on your post about the Directors buy ... we can use a little positve press for a change :

J. Jill +4.5% as director discloses share purchases
Jun. 18, 2019 5:24 PM ET|About: J.Jill, Inc. (JILL)|By: Jason Aycock, SA News Editor

J. Jill (NYSE:JILL) is up 4.5% after hours, nearly wiping out today's regular session decline, after a filing disclosing that director James Scully bought more than $220,000 worth of shares.

Scully purchased 37,536 shares Friday at an average price of $1.5677, and bought another 98,867 shares yesterday at an average price of $1.7182.

The moves bring his direct beneficial ownership in the company at 189,293.67 shares.

[JohnSamuel]

I LOVE it tdeck !!!

Tell 'em like it is brother !!!

[tdeck]

Another nice LARGE director buy this time, 136K+ shares that is putting your $$ where it counts, thank you kind sir. Keep on that CEO's butt too.

Peace out.

[Halks1122]

No, but it was big and got wiped. Fudge

[JohnSamuel]

Was that yours ?

[Halks1122]

See that bid at $1.65??

[JohnSamuel]

I'm ready for that ... ;)
We all deserve a nice pop up.

[Halks1122]

Volume increasing. It could pop any day now....Hard.

[JohnSamuel]

J. Jill mounts mini comeback
Jun. 17, 2019 3:46 PM ET|About: J.Jill, Inc. (JILL)|By: Clark Schultz, SA News Editor
J. Jill (NYSE:JILL) is up 9.36% as shares make a minor dent in the 69% YTD drop that's been carved out.

Investors are trying to evaluate the retailer after a rough Q2 that saw J. Jill management concede to having execution and design issues. "We did not move fast enough with aggressive action to address the trends that persisted," noted CEO Linda Heasley on the firm's earnings call.

[tdeck]

Another director buying a nice chunk filing out yesterday.

Good to see.

Peace out.

[JohnSamuel]

GOOD to hear !

[tdeck]

Good to see another 30K share buy from a director, maybe they did climb up this woman's azz and are pleased that she can now take direction.

Peace out.

[tdeck]

Indeed hopefully this woman can put into place quickly what should have been put in place 5 months ago. I just assumed that she was already closing stores, liquidating merchandise, cleaning house in the executive pool, never was a fan of the ad campaign, the whole I am woman here me roar thing, never waste precious dollars on ads when other business that raises cash is to be done.


Hopefully the board has gotten in her azz and she is on the stick now, shorts took out another 1 million shares short (20%+) as of May 31 numbers just out as of May 31 they were short 41% of the float.

Peace out.

[JohnSamuel]

Morning tdeck ! True, sad that this seems to be rare with a lot of stocks lately. So many directors use the arguement of why buy them when I get them free. At least from our perspective the answer should be, " Because dumbass, it shows you have confidence in the moves the company is making."

John

[tdeck]

Nice to see director purchasing shares.

[tdeck]

Nice to see director purchasing shares.