New York – Telsey Advisory Group LLC (TAG), an independent equity research and consulting firm founded by veteran Wall Street retail analyst Dana Telsey, announced earlier this month the formal launch of its national retail channel checking effort. The product, which was introduced in July 2008, is designed to provide Telsey Advisory Group clients with a comprehensive outlook on monthly retail sales and operating performance trends. During the last year, the TAG channel checking team has worked to establish year-over-year comparisons in which to measure each retailer.
TAG’s in-house channel checking team grades approximately 40 different specialty apparel, department store, and off-price concepts on a variety of metrics, including traffic, conversion, promotional activity, and inventory levels. The team, led by Tom Chin, Managing Director of Consulting and Analytics, travels across the country visiting 14 major malls and over 300 stores every month in Atlanta, Chicago, Dallas, Los Angeles, New York, Philadelphia, and San Francisco
“This product strengthens TAG’s in-depth retail knowledge and expertise and serves as a great complement to our extensive research on the consumer industry that we provide our clients,” said Dana Telsey, CEO and Chief Research Officer, Telsey Advisory Group.
“Channel checking allows us to present clients with real-time insights on customer traffic, merchandising trends, and promotional activity. We are able to reconcile managements’ stated strategies with execution at the store level,” added Tom Chin.