EP087 - UBS Equity Research Analyst Michael Binetti An interview with Michael Binetti, Equity Research Analyst at UBS, covering apparel and footwear brands, department stores and speciality retailers.  His coverage universe includes:   Abercrombie & Fitch Co,, American Eagle Outfitters Inc, Chico's, Coach, Express Finish Line, Foot Locker Inc, Gap, Hanesbrands, J. Jill Inc, JC Penney Co ,Kohl's Corp, L Brands , Lululemon, Macy's, NIKE, Nordstrom, PVH Corp, Ralph Lauren Corp, Ross Stores Inc, TJX ,Under Armour Inc, Urban Outfitters and  VF Corp. In this interview, we discuss Omnichannel, Mallageddon, Brands vs Retailers, and of course Amazon. Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 87 of the Jason & Scot show was recorded on Tuesday, May 30, 2017.  http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, SVP Commerce & Content at Razorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. New beta feature - Amazon Automated Transcription of the show: Transcript Jason:  [0:25] Welcome to the Jason and Scott show this is episode is being recorded on Tuesday May 30th 2017 I'm your host Jason retailgeek Goldberg and as usual I'm here with your co-host Scot Wingo. Scot & Michael:  [0:39] Hey Jason and welcome back Jason Scott show listeners Jason you're on the road again. Jason:  [0:46] I am I am in not Sunny New York City today. Scot & Michael:  [0:50] Cool well I finally get to ask if you've been to the Amazon store it's opened and there was a lot of Twitter activity over the weekend and I'm assuming that's going to be on your list of places to visit. Jason:  [1:02] It is today was my first day here and I did not make it today but I will over the next couple of days candidly, I'm not expecting to see anything that we haven't seen in the Chicago store and in fact it sounds like it may be a subset of the Chicago store so what for a full report in the next podcast. Scot & Michael:  [1:21] Copo listeners I'm sure on the edge of their seat for that, and what folks one of the topics we cover a lot here on the Jason Scott show is what I like to call mall again that's the Relentless drum beat in the last year year-and-a-half of store closures Mall closures and pressure pressure on physical brick-and-mortar retail, top listeners understand better what's going on out there in the exciting world of physical retail we decided to go right to Wall Street. Jason physically went but we're virtually going to take you there today on the show or excited to welcome Michael binetti, Michael is a managing director at UBS covering apparel and Footwear brands, department stores and Specialty retailers he has a very broad coverage universe and it may actually be simpler to list the things he doesn't cover but let me take a shot at this is a covered Universe includes Abercrombie & Fitch American Eagle Outfitters Chico's coach Express Finish Line Foot Locker, Gap hanesbrands J.Jill, JCPenney Kohl's L Brands Lululemon Macy's Nike Nordstrom PVH Corp Ralph Lauren Corp Ross stores TJ Maxx Under Armour Urban Outfitters and VF Corp, well that was a mouthful Michael were real excited to have you on the Jason and Scott show exercise 3 guys thanks so much for having me. [2:40] Cool and you are one of those rare while shooters that is not in New York is that right actually when we work at I work at in New York for a month and I'm in Chicago. Jason:  [2:51] I love to have Fellowship Coggins on the show of Michael good deal. Scot & Michael:  [2:55] Although you're not here very much I think. Jason:  [2:58] This is true I am not there as much as I would like to be but the next time I'm there we'll have to have you back on the show and we can make fun of Scott together. [3:07] Good deal so before we jump into it love to get the listeners a little bit of background abou