NRF – News and Analysis – NorthStar Realty Finance Corp #retail #financing


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NorthStar Realty Finance Corp. operates as a diversified commercial real estate company. The company originates, acquires and manages portfolios of commercial real estate debt, commercial real estate securities and net lease properties. It is also engaged in the asset management and other activities related to real estate and real estate finance. The company operates through the following business segments: Commercial Real Estate Debt, Commercial Real Estate Securities, Real Estate and Corporate. The Commercial Real Estate Debt segment is focused on originating, structuring, acquiring and managing senior and subordinate debt investments secured primarily by commercial and multifamily properties and includes first mortgage loans, subordinate mortgage interests, mezzanine loans, credit tenant loans and other loans, including preferred equity interests. The Commercial Real Estate Securities segment predominately comprised of N-Star collateralized debt obligations (CDOs) bonds and N-Star CDO equity of deconsolidated N-Star CDOs and includes other securities which are mostly conduit CMBS. The Real Estate segment concentrates on various types of investments in commercial real estate located throughout the U.S. that currently includes manufactured housing communities, healthcare, net lease and multifamily properties. In addition, the Real Estate segment includes private equity Investments diversified by property type and geography. The corporate segment includes NSAM management fees incurred, corporate level interest income and interest expense and general and administrative expenses. NorthStar Realty Finance was founded by Richard J. McCready in October 2003 and is headquartered in New York, NY.

Industry: REIT – Retail

Country: United States

NorthStar Realty upgraded at FBR on deal hopes

SA Editor Stephen Alpher

• SA Editor Stephen Alpher

  • The deal with Colony Capital (NYSE:CLNY ) is “all but done,” says analyst Jessica Levi-Ribner. upgrading NorthStar (NYSE:NRF ) to Outperform, and boosting the price target to $16 from $12.75. The stock closed last night at $12.90.
  • Previously: NorthStar and Colony amend merger agreement to win shareholder support (Oct. 17)

NorthStar and Colony amend merger agreement to win shareholder support

10/17/16 • SA Editor Stephen Alpher

• SA Editor Stephen Alpher

  • Among the changes are the addition of two independent directors to the combined company’s board, and that all board members will stand for election annually.
  • NorthStar Asset Management (NYSE:NSAM ) owners will now get a special, pre-closing cash dividend of $228M ($1.16 per share) vs. the previous $128M.
  • Top executives have agreed to a more shareholder-friendly severance deal.
  • Along with NSAM, NorthStar Realty (NYSE:NRF ) and Colony (NYSE:CLNY ) plan to hold special meetings before year-end in the hopes of closing the merger in January. At closing, a quarterly dividend at an annualized rate of $1.08 per share will commence.
  • MSD Capital and MSA Partners – together owning 10.2% of NSAM’s stock – have agreed to vote in favor of the deal. Jonathan Litt hasn’t yet been heard from.

NorthStar Realty Finance Corp. (NRF )

Form 8-K | Filed: October 17, 2016

10/16/16 • SA Filings

It s Time To Judge Whether My NorthStar Realty Finance Recommendations Proved Profitable: An Update

10/12/16 • Norman Roberts

  • NorthStar Realty Finance has performed amazingly well this past three months.
  • Although its commons have performed well, its preferreds have hit it out of the park.
  • Except for their stratospheric prices, the preferreds might be worth watching at present.

Whydah LLC Issues Letter To NRF Shareholders

09/21/16 • Whydah, LLC

  • NRF worth $32.00 per share at a 5% dividend yield.
  • NRF tri-party merger is bad for NRF shareholders, vote no.
  • NRF current dividend yield is over 12%, trading at less than 50% of NAV.

Land And Buildings Letter To NSAM Shareholders

09/20/16 • Activist Stocks

NorthStar Realty: A View From The Perspective Of A Preferred Investor. An Update

08/03/16 • Norman Roberts

  • This is an update of an article I wrote April 29, 2016. Let s see how my prediction panned out thus far.
  • I m forced to grade myself a B, being both right and wrong.
  • I could have earned that A, however, the preferreds did not accurately track the price movement of NRF s commons.
  • As before, I predict that this company is built to last and a preferred investment is ultimately a safe one.

NorthStar Realty Finance declares $0.40 dividend

08/02/16 • SA Editor 1

  • NorthStar Realty Finance (NYSE:NRF ) declares $0.40/share quarterly dividend. in line with previous.
  • Forward yield 12.12%
  • Payable Aug. 19; for shareholders of record Aug. 15; ex-div Aug. 11.

NorthStar Realty Finance Corp. (NRF )

Colony NorthStar: Will This Team Of Overpaid Former All-Stars End Up Like The Brooklyn Nets?

07/06/16 • John Sheehy

  • Shares of merger parties Colony Capital, NorthStar Realty, and NorthStar Asset Management are all down sharply.
  • Expectations for a transaction more favorable to either NRF or NSAM would be difficult to satisfy.
  • Internalization of NorthStar management and evolution of the business model creates potential for a high return ( 70%).

It s Time To Judge Whether My NorthStar Realty Finance Recommendations Proved Profitable

07/04/16 • Norman Roberts

  • Let s review what I said about making an investment in the NRF preferreds in April.
  • I discuss the reasons I suggested NRF s preferreds were a relatively safe and wonderful buying opportunity.
  • It s time to grade whether or not my recommendations proved profitable.
  • Although the yields are not as enticing, NRF preferreds are still an interesting opportunity.

NorthStar Realty Finance Corp. (NRF )

Form 8-K | Filed: June 22, 2016

06/05/16 • Bill Stoller

  • Given the merger proposal with Colony Capital and NSAM, are NorthStar Realty Finance common shares now a buy, hold or sell?
  • NRF and CLNY preferred shareholders would receive shares of preferred stock of Colony NorthStar that are substantially similar to the preferred stock held prior to the closing of the transaction.
  • Here s why NorthStar Realty Finance common shareholders should vote a resounding Hell No on the newco Colonization proposal.

NorthStar to merge with Colony Capital

06/03/16 • SA Editor Stephen Alpher

• SA Editor Stephen Alpher

  • Upon completion of the all-stock deal, NorthStar Asset Management (NYSE:NSAM ) shareholders will own 32.25% of the new Colony NorthStar, Colony Capital (NYSE:CLNY ) shareholders will own 33.25%, and NorthStar Realty Finance (NYSE:NRF ) shareholders 33.9%.
  • NSAM owners, in addition to the regular quarterly dividend, will receive a special cash dividend of $128M.
  • Colony’s Thomas Barrack will be Executive Chairman of the board, NorthStar’s David Hamamoto will be Executive Vice Chairman, and Colony’s Richard Saltzman will be CEO.
  • The companies expect about $115M in annual cost savings, $80M in cash and $35M in stock-based compensation.
  • Terms: NSAM shareholders will own one share of the new company for each share of NSAM they hold; Colony shareholders will receive 1.4663 shares of the new company stock for each share of CLNY they hold; NRF shareholders will receive 1.0996 shares of the new company stock for each share of NRF they hold.
  • Closing is expected in Q1 of next year.
  • A conference call is set for 10 ET.
  • Source: Press Release

NorthStar Realty Finance Corp. (NRF )

Form 8-K | Filed: June 3, 2016


Nike Sydney – AF-1 #discount #coupon #codes


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Nike Sydney

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Level 1, Shop 1024
Westfield Sydney (Pitt Street)
Sydney NSW 2000
Tel: (02) 8246 9166

Nike Bondi Junction
Shop 2036-2037
Westfield Bondi Junction
Bondi Junction NSW 2022
Tel: (02) 9389 5441

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Level 1, Store 258
Westfield Burwood
100 Burwood Road
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Nike Warringah Mall
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Tel: (02) 9680 4567

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Shop 542-543
Westfield Chatswood
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Tel: (02) 9411 3688


National Response Framework #coupon #codes #for #online #shopping


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National Response Framework

The purpose of this page is to provide information on the National Response Framework. The National Response Framework describes not only how the Federal government organizes itself to respond to natural disasters, terrorist attacks, and other catastrophic events but also the importance of the whole community in assisting with response efforts. The intended audience for this document is individuals, families, communities, the private and nonprofit sectors, faith-based organizations, and local, state, tribal, territorial, insular area, and Federal governments.

National Response Framework

Government resources alone cannot meet all the needs of those affected by terrorist attacks, natural disasters and other catastrophic events. When disaster strikes, people throughout the community and our nation pitch in to help the response effort.

The third edition of the National Response Framework (NRF). updated in 2016, provides context for how the whole community works together and how response efforts relate to other parts of national preparedness. It is one of the five documents in a suite of National Planning Frameworks. Each Framework covers one preparedness mission area. Prevention, Protection, Mitigation, Response or Recovery.

Resources

Focus on Immediate Needs

The Response Framework covers the capabilities necessary to save lives, protect property and the environment and meet basic human needs after an incident has occurred. Response activities take place immediately before, during and in the first few days after a major or catastrophic disaster. Then, recovery efforts begin to help the community get back on its feet.

Roles and activities found in other Frameworks affect response efforts in many ways. For example, when people proactively do things to lessen the impact of future disasters—as described in the National Mitigation Framework —they may need fewer response resources when a disaster strikes.


Nike Digital Retail Experience #laptop #retailers


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Digital Retail Experience

Aware of how today s consumers are utilizing both the digital and physical worlds; Nike sought to create a new digital retail experience. An experience which combines retail store, eCommerce and mobile customer journeys – seamlessly.
Previous collaborations with Nike made Demodern the perfect partner to envision a holistic concept. After evaluation of the customer journey we set our goals on crafting an integrated omni-channel strategy. The solution consists of three prototypes which were launched in a Berlin flagship store just in time for the 2015 Champions League final.

Share

Connecting the Store and the Online World

Envision a solution where the partition between the digital and physical landscapes no longer exists. To solve this we sought to create a fully integrated, seamless retail environment. Seeking digital excellence in both customer frontend and technical backend. In part the solution was to create new interactions while expanding on product details and assortment with real-time availability. The other part was to deliver these experiences through leading edge technology. To better connect consumer and product we sought to create an adaptive environment which engages the consumer respective to their journey. Three custom built multi-user, multi-touch terminals expanded the brand experience with product information and online purchasing options. Focus groups and user analysis further validated our concept while strengthening insight into today s consumer expectations.

Combining Concept and Technology

The key technical task was to develop and install three stand-alone terminals, communicating via an underlying middleware and server infrastructure – within just ninety days.

Each terminal has a custom technical stack. Additionally, the terminals are integrated with the existing store s ERP catalog and eCommerce shop to inform real-time product availability. Design and development in Unity, a game engine rather than a web solution, guarantees high performance and flawless usability as well as overall stability. Backgrounds, animations and videos perform in Ultra-HD with 4k resolution.

Mobile Connect

The value proposition for the key target group of football orientated teenagers is the free WiFi which helps to make extensive use of the terminals. On heydays, more than 1,000 interactions take place, mostly in groups of three or more. For purchasing and sharing via the customer s mobile device we developed the mobile-connect feature.

How does it work?

Access to the mobile-connect feature is gained via a captive portal. This solution allows for flawless integration with the retailer s mobile phone app. Customers smartphones connect to support their journey as they move through the retail environment. Connected users can receive content via a simple shake of their smartphones.

Image and Social: The Media Wall

A multi-touch, multi-user wall displays campaigns, products and related social media bursts. This installation allows multiple interactions across an ultra high definition surface spanning 9m2. The wall aggregates live updates from Facebook, Instagram and Youtube, with rankings and scores from international and local soccer teams. Customers can intuitively push this media rich content to their smartphones. To make the experience more engaging, customers are encouraged to leave their mark by taking a selfie which is instantaneously discoverable through a custom hashtag.

Customization and Purchase: The Replica Kiosk

A digital retail kiosk with a 65 touch display where Nike Football fans can find, customize and order their favorite Nike team products. Here one can see product availability in real-time for both in-store or online purchase. Online purchases are completed on the customer s smartphone via mobile-connect; in-store purchases are expedited via a connection to the cash desk. Terminal analytics help inform what stock is kept on-hand and ultimately how to improve overall stock efficiency. This helps to broaden the available assortment while making use of the shop area efficiently.

Interaction and Comparison: The Nike Bootroom

An 65 interactive surface with multi-touch facilitates employees and enables customers on their continued journey. Nike products are comparable with real-time availability for size and color, detected by the ERP system. This installation is comprised of product videos, league statistics and comparable shoe data. Product detection is informed through RFiD technology paried with 3D-cameras, supporting user interaction and positioning.

Next Generation Retail Experience

Our project closes the gap between two retail worlds that have been separated for far too long – physical and digital. A holistic and seamless customer experience is one crafted of an omni-channel strategy, considering store, mobile and online-shopping experiences. A new generation of retail is manifested. Bringing together new features, tools and content, easing maintenance while increasing sell-through. We are the customers ally.

Digital Retail Experience


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© 2016 Sony Interactive Entertainment LLC


NIKE, Inc #sainsburys #jobs


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FREQUENTLY ASKED QUESTIONS

Nike stores in Canada

Burloak Factory Store

3509 Wyecroft Rd. Building J
Oakville, ON L6L 0V6
Phone: 905-827-4677
Fax: 905-827-4811
Hours: Mon-Fri 10 am-9 pm, Sat 10 am-6 pm, Sun 11 am-5 pm

Cookstown Factory Store

3311 Simcoe 89 Suite F30
Cookstown, ON L0L 1L0
Phone: 705-458-2513
Hours: Mon-Sat 10 am- 9 pm, Sun10 am-6 pm

Edmonton Factory Store

9743-19 Avenue NW
Edmonton, AB T6N 1N5
Phone: 780-490-6453
Fax: 780-440-9691
Hours: Mon-Fri 10 am-9 pm, Sat 10 am-6 pm, Sun 11 am-5 pm

Halton Hills Factory Store

13850 Steeles Ave. W. Suite 200
Halton Hills, ON L7G 5G2
Phone: 905-864-4323
Hours: Mon-Fri 10 am-9 pm, Sat 9:30 am-9 pm, Sun 11 am-7 pm

Kanata Factory Store

8555 Campeau Drive #290
Ottawa, ON K2T 05K
Phone: 613-831-7415
Hours: Mon-Fri 9:30 am- 9 pm, Sun10 am-6 pm

Kitchener Factory Store

4326-36 King Street East
Kitchener, ON N2P 2G5
Phone: 519-653-6453
Fax: 519-653-8883
Hours: Mon-Fri 10 am-9 pm, Sat 10 am-6 pm, Sun 11 am-5 pm

Marché Central Factory Store

8791 de l’Acadie
St-Laurent, QC H4N 3K1
Phone: 514-382-0389
Hours: Mon-Wed 10 am-7 pm, Thu-Fri 9:30 am-9 pm, Sat 9 am-5 pm, Sun 10 am-5 pm

Mirabel Factory Store

19001 Chemin Notre-Dame, Suite 500
Mirabel, QC J2J 2A6
Phone: 450-430-6325
Hours: Mon-Sat 10 am-9 pm, Sat 9 am-5 pm, Sun 10 am-5 pm

Niagara Falls Factory Store

7500 Lundy’s Lane
Niagara Falls, ON L2H 1G8
Phone: 905-374-4420
Fax: 905-374-0223
Hours: Mon-Sat 10 am-9 pm, Sun 10 am-6 pm

St. Sauveur Factory Store

105-D Rue Guindon
St. Sauveur, QC J0R 1R6
Phone: 450-227-7662
Fax: 450-227-7296
Hours: Mon-Wed 10 am-6 pm, Tues-Fri 10 am-9 pm, Sat-Sun 10 am-5 pm

Toronto Eaton Centre

220 Yonge Street
Toronto, ON M5B 2H1
Phone: 416-591-0325
Hours: Mon-Fri 10 am-9 pm, Sat 9:30 am-7 pm, Sun 11 am-6 pm

Vaughan Mills Factory Store

1 Bass Pro Mills Drive Unit CR101
Vaughan, ON L4K 5W4
Phone: 905-738-1054
Fax: 905-738-9446
Hours: Mon-Sat 10 am-9 pm, Sun 11 am-7 pm


Retail Math – Definitions – Enhanced Retail Solutions #software #retail


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Retail Math Definitions

We hope you find these free guides on Retail Math Definitions helpful. They were derived from our Retail Merchant Class 101 which provides you the tools to better understand the retail buyer’s perspective and more. Or perhaps our consulting services might be of interest.

If you like our Retail Math Definitions, you will really like our book Enhanced Retail Solutions Retail Primer, written by our CEO James E. Lewis. It offers specific education and techniques on retail math, retail math formulas as well as how to think like a buyer, improve collaboration, and plan for profit. Click here for more information. Our book is also available in the Kindle Store .

To access our Retail Math and Definitions guides, please fill out the form below. Upon clicking the submit button you will be redirected to a confirmation page that contains the password and documents to download.

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Why Nike Is Expanding Its Direct Retail Store Presence – Market Realist #retail #stores


#nike retail stores

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Why Nike Is Expanding Its Direct Retail Store Presence

Analyzing the revenue gains from Nike’s direct-to-consumer channel

Direct-to-consumer (or DTC) revenue came in at $6.6 billion for Nike (NKE ) in fiscal 2015, growing 25.1% year-over-year. This represented 23.1% of the brand’s sales, compared to 20.3% last year. DTC revenue includes sales made through Nike’s company-owned stores and online.

DTC channel drivers

Sales growth was fueled by new store openings, higher store comps, and growth in the e-commerce channel. The company reported the following:

  • opening 64 new stores during fiscal 2015, taking the total to 832
  • Strong same-store sales trends, with comps coming in at 16% in constant currency terms in 4Q15
  • 55% growth in online sales, which we’ll discuss in more detail in the next article

Geographic performance

DTC performance was the strongest in Nike’s three largest markets of North America, Western Europe, and Greater China.

4Q15 DTC sales rose by 13% in North America, according to Trevor Edwards, president of Nike. Online sales were a major contributor, rising 31% year-over-year.

In Western Europe, DTC revenue rose by 30%, again with web sales accounting for much of the increase, rising 39%.

Greater China DTC revenue rose 52% year-over-year. An inventory reset and strong sportswear, running, and basketball performance contributed to the rise in revenue.

Profitability impact

The tilt in the sales mix towards favoring the DTC channel is an important profitability driver for Nike. Sales made via the company’s stores (XRT ) are typically pricier and tend to benefit margins. Higher traffic at the company’s stores and online also gives Nike the opportunity to tell a compelling brand story.

Nike is targeting $8 billion in sales from this channel by fiscal 2017. Currently, Nike derives a greater percentage of its revenue from wholesale channels, compared to peers Under Armour (UA ) at 30% in 2014 and VF Corporation (VFC ) at

24% in 1Q15. Lululemon Athletica (LULU ) derives almost all its revenue from direct sales to customers.

We’ll discuss Nike’s profitability drivers in more detail in part seven of this series.


The NRF #retail #operations


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Infant/Child Mental Health, Early Intervention
and Relationship-Based Therapies

Welcome

The explosion of interest in child development across both research and clinical arenas has dramatically expanded our knowledge and provided exciting advances in assessment and intervention. At the same time, this progress has also brought ever-increasing fragmentation in service delivery systems, theoretical formulations, and even diagnostic nomenclatures. Currently, a number of concerns affecting both research and practice can be directly traced to this fragmentation, including: competing definitions of the meaning of a child’s problem behaviors; assumptions of a singular cause with discipline specific solutions rather than multiple causes with cross-disciplinary solutions; and treatment of the child in isolation from the context of family relationships and other extenuating circumstances. If these concerns are to be adequately addressed, there is a pressing need for an approach that respects and integrates the specialized knowledge from various disciplines, while encompassing various systems of care, to ensure more efficient service delivery.

Infant/Child Mental Health, Early Intervention, Relationship-Based Therapies: A Neurorelational Framework for Interdisciplinary Practice directly addresses this lack of cohesion among disciplines. Connie Lillas and Janiece Turnbull offer a unifying, interdisciplinary framework based on current neuroscience research into how infants and children develop in the context of relationships and their surroundings. This conceptual framework is organized according to four brain systems, each representing a set of individual and relational functions that acknowledges the unique contributions from each discipline, while also presenting guiding principles that are applicable across disciplines and methods of theory and practice. The authors also offer specific, practical applications of their approach throughout the book to assist in assessment and intervention: each brain system includes clearly defined treatment strategies as well as a case study drawn from and based on the authors’ clinical practice.

The next advance in working with at-risk infants, children, and families calls for true collaboration. Ideally, each infant, child, and caregiver should have the opportunity to benefit from integrated professional knowledge and a stable yet adaptive set of shared goals for treatment, within a setting that appreciates each child or family member as a unique individual within a unique social and environmental context. Infant/Child Mental Health, Early Intervention, Relationship-Based Therapies offers an innovative and relevant framework for achieving that goal.

This is a timely book and offers us all a chance to do better work for children and families.

T. Berry Brazelton, M. D.
Professor of Pediatrics, Emeritus Harvard Medical School
Founder, Brazelton Touchpoints Center

I found the Lillas and Turnbull chapters to be a refreshing new approach to collaborative service delivery. The concept of a Neurorelational Framework with different brain systems makes sense, I believe, to all practitioners…The explanation of the four brain systems was very relevant to my current practice as a school psychologist, LEP, and educational therapist and it puts a whole new light on understanding and putting together other specialist’s roles in assessment and intervention for the child. It brings the part-to-whole model into perspective.

Sharri Hogan, MA, LEP
Licensed Educational Psychologist
Educational Therapist

This book is visionary! The authors have brought a depth of understanding to child mental health that is informed by their creativity, brilliance, and unwillingness to be confined to the views of any one discipline. Their work elaborates a new analytic model capable of integrating data critical to diagnosis and treatment as never before. The book offers exciting opportunities for meaningful collaboration in this complex field.

Sara Latz, JD, M.D. Child and Adolescent Psychiatrist, Clinical Faculty, David Geffen School of Medicine, Psychiatry and Biobehavioral Sciences, Child/Adolescent Division, The Semel Institute of Neuroscience and Human Behavior, UCLA

What a delight! Drs. Connie Lillas and Janiece Turnbull have spanned the chasms in early childhood professional activities between neurodevelopment, relational contexts and clinical practice to describe a new and visionary model of comprehensive interventions for challenged infants, young children and their parents.

David W. Willis, M.D. FAAP, Behavioral-Developmental Pediatrics, Medical Director Northwest Early Childhood Institute, Portland, Oregon