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    A leading



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    customized insights
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    Focus on execution

    drives results

Telsey Advisory Group (TAG) is a leading woman-owned research, trading, banking, and consulting brokerage firm focused on the consumer sector.

With our long-standing history of evaluating and assessing the consumer market, TAG provides clients the detailed analysis and market context that is necessary to make strategic and investment decisions. Our focus sectors include: apparel, cosmetics, department stores, discounters, e-commerce, food and beverage, footwear, hardlines, home furnishings, luxury, off-price, specialty apparel, sporting goods, and supermarkets. Our comprehensive view of the consumer and full-service capabilities meet the broad needs of our clients.

latest news

Five Below CEO Joel Anderson resigns

  • 07/17/24
  • Retail Dive

Five Below CEO Joel Anderson has resigned, effective immediately, and has also left the board of directors “to pursue other interests,” the teen-focused retailer announced on Tuesday. Anderson had served as CEO for nearly a decade. Telsey Advisory Group analysts, led by Joe Feldman, called the company’s recent performance “disappointing...


This Walmart rival is gaining ground in the pricing game

  • 07/05/24
  • Fox Business

While Walmart is still seen as the price leader in the grocery industry, its rivals aren't far behind. Telsey Advisory Group Senior Managing Director Joe Feldman told FOX Business that Kroger and Target, which usually trade off in the number two spot, have slightly "narrowed the gap with Walmart" and...


Five Below has had a rough year so far. Here's why

  • 06/14/24
  • CNBC

Since going public in 2012, discount retailer Five Below has grown its nationwide store count from less than 250 locations to more than 1,600. "You're paying a premium to get the growth that they're providing you," said Joe Feldman, senior managing director of Telsey Advisory Group. "But that premium, when...


Falling Gas Prices Could Help Inflation-pressured Consumers

  • 06/12/24
  • yahoo Finance

Filling up the tank could cost less this summer, and that would likely be a positive for consumer spending. One other spending concern to keep in mind might be how consumers handle their debt loads. Dana Telsey, chief investment officer at The Telsey Group, noted that consumer credit has deteriorate...


Americans are getting pickier, but they are still spending on hot items

  • 06/07/24
  • Reuters

Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months. "Outdoor grills, patio sets ...televisions, couches, beds, it's all been a bit challenging as of late," Telsey Advisory Group analyst Joseph Feldman said. "There was...


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