Global 400 Retail Watch List
Rating the Retailer Competitive Advantage by Deconstructing the Business Model for Intrinsic Value & Systemic Risk
Advantage
The Global 400 Watch List (G-400) is a unique structural index that assesses the competitive advantage of the retailer’s business model and real estate platform through a rating system that transcends the speculative valuations and bubble dynamics in the asset pricing of capital markets under the past 20 years of monetary policy and financial dislocation.
Through a series of alternative ratings in the development of five retail and real estate indexes, ranging from the G-400 Composite Index to a series of derivatives, the business models and real estate platforms are deconstructed to identify where value is being created that is regenerative to all facets of the operating and real estate platform, and where risk is concentrated to determine the degree of stress and structural impairment that cannot be rescued by mere capital fixes.
The comprehensive competitive valuations of the G-400 go beyond the limiting debt default credit ratings of the NRSROs that exclude real estate analytics in the transition of the bricks & mortar space to create defensive businesses and economic moats that are self-funding and sustainable.
G-400 Composite & Derivative Indexes
1. G-400 Composite Index [Competitive Advantage of Retail Business Model]
2. G-400 Business Advantage Index
3. G-400 Volatility Index
4. G-400 Guidance Index
5. G-400 Real Estate Asset Advantage Index
METRICS/BENCHMARKS
WATCH ALERTS!
Ratings action on retail credits and formats in terms of improvement, stabilization, volatility & deterioration available in Retail MAXIM on monthly basis and Home Page on an interim basis.
Alert Rankings include
Rankings of retailers possessing competitive advantage in all aspects of the model
Rankings of riskiest credits and formats
Rankings of divisional formats and selling channels of US & global retailers
Rankings of retailers/formats by level of operating risk
Rankings of retailers/formats by growth prospects
Ranking of retailers/formats by level of liquidity
Ranking of retailers/formats by real estate advantage and risk
Ranking by fundamental risk eclipsed by speculative capital values
Rankings of top tenants by channel
Ranking of Composite Ratings by degree of volatility
Rating System
Ratings unique to hybrid methodology valuing competitive advantage of retailer model and selling channels (bricks & mortar, wholesaling and e-commerce platform) PDF
Coverage
455 US & foreign credits & formats PDF
Subscription
Frequency/Distribution: Annual. Electronic PDF direct to licensed subscriber
Subscription cost: $1,770.00. Included in annual subscription to Retail MAXIM
Sample Copy PDF
To subscribe
G-400 Business Advantage Index
Deconstructing Retail Model for Productivity, Growth & Value
Behind the Rating
G-400 Business Advantage Index is a derivative of the G-400 Composite Index that provides an independent rating for each of the “five profit pillars” that underpin the business model of retailers, brand manufacturers, wholesalers and e-taillers operating in the bricks & mortar space.
The first Business Advantage Index rating the competitive advantage of five profit pillars providing benchmarks for isolating value and risks of the overall model.
METRICS/BENCHMARKS
WATCH ALERTS!
Ratings action on retail credits and formats in terms of improvement, stabilization, volatility & deterioration available in Retail MAXIM on monthly basis and Home Page on an interim basis.
Rating System
Ratings unique to hybrid methodology valuing competitive advantage of retailer model and selling channels (bricks & mortar, wholesaling and e-commerce platform.
Sample Copy PDF
Coverage
455 US & foreign credits & formats PDF
Subscription
Included in annual subscription to Retail MAXIM
NEXT!
Innovation Watch List of New Concepts & Formats
Ranking of B&M concepts that portend to be the next generation of freestanding and in-store formats. Concepts are taken from the MAX-SI Spatial Index. Features are highlighted that provide an advantage in the escalating spatial wars and ensuing dislocations.
NEXT! WATCH LIST
PDF
MAXIM New NORMAL.24
Adapting the Retail Footprint to Structural Shifts and New Best Practices
Excerpt from 2011 issue of Retail MAXIM “Into Thin Air. Retail Rescued by an Avalanche of New Normal(s) [Implications for Growth and Real Estate Productivity 2012 & Beyond]
“Position: No one knows what normal is today. Nor what normal will look like once the economy truly recovers in two or ten years time. But retailers are not leaving anything to chance let alone the policymakers who have changed economic normal from upward mobility to downward over the past thirty years. In the yearend issue of MAXIM, 24 New Normals have been identified sourced from the strategies underway by the 455+ retailers on the Global 400 Retail Watch List announced on earnings call in 2011 and another 400 tracked for store initiatives on the MAX-SI Spatial Index.
MAXIM New NORMAL.24
EMPOWERING NORMALS
1. New BRANDING Normal
2. New OMNI-CHANNEL CONVERGENCE Normal
3. New FORMAT Follows FUNCTION Not FINANCE Normal
4. New MONETIZATION MODEL Normal
5. New HYBRID NORMAL
6. New GLOBAL-LOCAL Normal
7. New MILLENNIAL Normal
8. New TOURIST ECONOMY Normal
9. New LIFESTYLE as IMPROVEMENT Normal
10. New TRADE UP Normal
11. New REAL ESTATE PLAY Normal
Challenging NORMALS
12. New ECONOMIC Normal Sub Par Growth/ Downward Mobility
13. New MEASURED GROWTH Normal
14. New INFLATIONARY Normal
15. New DE-LEVERAGING Normal
16. New SHOPPING-ON-DEMAND Normal
17. New PRICING MODEL Of EVERYDAY-BEST PRICE Normal
18. New CORE ASSET Normal
19. New ZERO-SUM GAME Normal
20. New MASS PARADOX OF SCALE NORMAL
21. New UBER LUXURY Normal
22. New CONSUMER AS COMPETITION NORMAL
23. New URBANISM Normal
24. New PRIVATIZATION of PUBLIC SPACE NORMAL
