Bloomberg Intelligence BI Weekend: NYC Casinos, Macy’s, Salesforce Earnings
Dec 5, 2025
Mary Ross Gilbert, a retail expert, delves into Macy's improving strategies and cautious outlook after strong earnings. George Ferguson discusses critical quality issues plaguing Airbus, raising concerns over delivery targets. Jeffrey Langbaum highlights the strong potential of senior housing in the REIT sector amidst declining performance, while Helen Kou analyzes surging power demands from AI-driven data centers, warning of potential grid shortfalls. Expect engaging insights as they navigate these current market dynamics!
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NYC Casino Licenses Face Narrow Path To Returns
- New York City selected three casino resort projects, but Bloomberg Intelligence models a modest ~10% ROI due to high development costs and ambitious non-gaming revenue targets.
- Brian Egger warns that large non-gaming revenue assumptions and 30% margin expectations may not be sufficient to deliver strong returns.
Macy's Momentum From Store Refresh And Omni-Channel
- Macy's posted better-than-expected results while issuing conservative guidance for the fourth quarter to underpromise and outperform.
- Mary Ross Gilbert says Macy's momentum stems from refreshed brands, brighter stores, and stronger comp sales driven by omnichannel strategies.
Use Collaborations To Drive Foot Traffic
- Do increase brand collaborations and influencer campaigns to draw younger shoppers and lift in-store traffic.
- Mary Ross Gilbert highlights Macy's Jennifer Hudson holiday campaign and On 34th collaborations as examples to scale.