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Eyes on Black Friday spending

2016-01-02 seekingalpha
The shaky condition of U.S. retail will be put to the test this weekend, when stores across the country roll out their Black Friday specials.About 135.8M Americans are expected to shop in stores or on

Moody's see retail sales improving in 2016

2016-01-02 seekingalpha
Moody's forecasts retail sales will improve 4% to 5% during the first half of 2016.Sub-sectors expected to see strong earnings growth include home improvement (HD, LOW), auto parts (AN, ORLY, AAP, PBY

Late rush may have turned holiday season around

2016-01-02 seekingalpha
MasterCard reports holiday sales rose 7.9% during the holiday season, led by strong growth for big ticket items. The growth rate is much stronger than the 3.7% gain in holiday sales forecast by the N

Rally mode for consumer-facing stocks

2015-12-28 seekingalpha
Investors are buying back into consumer staples and consumer discretionary names, while tip-toeing around major chains such as Wal-Mart, Target, Best Buy, and Macy's. Some sin stocks are part of the

Black Friday figures unlikely to cheer investors?

2015-11-29 seekingalpha
Earlier deals, online sales, a retail slump...many headlines over the weekend reported that America's annual Black Friday shopping extravaganza was short on fireworks this year as retailer discounts f

'Tis The Season

2015-11-25 seekingalpha
For the largest economy in the world, consumer spending represents approximately 70% of all economic activity. The National Retail Federation reports the average consumer spent $802.45 on holiday shop

The retail sector heads into Black Friday with a $2 gas tailwind

2015-11-25 seekingalpha
The average price for a gallon of gas in the U.S. has now dropped to $2.06 per gallon - a mark that is 27% lower than where gas prices stood heading into the holiday period last year. Despite the ext

U.S. Retail Spending Growth Turns Sluggish In October

2015-11-13 seekingalpha
If you were expecting today's retail sales report for October to deliver a blowout gain in line with the surprisingly strong rise in payrolls for last month, today's release on consumer spending is a

Retail stocks sell off after soft retail sales print, J.C. Penney/Nordstrom earnings

2015-11-13 seekingalpha
Retailers are under pressure after the Census Bureau reported October retail sales rose 0.1% M/M, and core retail sales 0.2%. Consensus was respectively 0.3% and 0.4%.Also: J.C. Penney is down 13.6% i

Smashing month for U.S. auto sales as broad retail sits and watches

2015-11-03 seekingalpha
U.S. auto sales soared in October with the Detroit Three (F, GM, FCAU) all showing double-digit gains from a year ago. An extra selling weekend helped traffic, while low gas prices drove sales for SUV

Redbooks sales have started gaining momentum

2015-10-27 seekingalpha
Redbook Chain Store Sales: +1.5% Y/Y vs. +1.3% last week.flat M/M vs. -0.1% last week.Halloween sales are getting a boost from discounting. The trend for holiday sales looks positive as well.ETFs: PBJ

Real Retail Sales Show Expansion Past Mid-Cycle, But No Oncoming Recession

2015-10-16 seekingalpha
By New Deal DemocratWith September inflation reported this morning, I can update one of my favorite series: real retail sales.First of all, real retail sales rose to a new high:The YoY% growth in real

Pockets of strength in the Retail Sales report

2015-10-14 seekingalpha
Retail sales improved 2.4% Y/Y with some categories helping to offset the 20% drop in gasoline station sales. Clothing store sales improved 0.9% M/M and 4.7% Y/Y. Both marks were much higher than sal

Redbook sales growth remains weak

2015-10-13 seekingalpha
Redbook Chain Store Sales: +1.1% Y/Y vs. +0.7% last week.-0.2% M/M vs. -1.6% last week.The report notes that seasonal apparel are selling better and Halloween falling on Saturday should boost October

Redbook reports soft sales

2015-10-06 seekingalpha
Redbook Chain Store Sales: +0.7% Y/Y vs. +0.9% last week.-1.6% M/M vs. -1.5% last week.The report doesn't offer any meaningful commentary on the soft sales but mentions that seasonally cooler weather

ShopperTrak releases back-to-school and holiday forecasts

2015-09-17 seekingalpha
ShopperTrak estimates retail back-to-school sales rose 4.7% in August. Shopper visits were down 2.7 Y/Y, while conversion rates and average transaction size both rose. Looking ahead, ShopperTrak pred

Retail sales to take the spotlight

2015-09-15 seekingalpha
Retail sales for August will be released later today in one of the most highly-anticipated economic releases of the month. Sales are expected to rise 0.3% to mark a deceleration from the 0.6% gain re

The NRF defends the retail industry on proposed OT rule

2015-09-03 seekingalpha
The National Retail Federation voiced its strong opposition to the Labor Department's proposed overtime rules today. The DOL plan calls for a dramatic lift in the pay scale at which OT pay kicks in,

Late summertime blues for retail

2015-09-02 seekingalpha
Retail sales are expected to show negative growth in August on a same-store basis, according to analysis from Thomson Reuters.The research firm sees a 0.2% decline in retail sales and a full percentag

Underlying consumer spending trends seen as solid

2015-08-31 seekingalpha
Higher wages in the U.S. and a lower level of gas prices are giving a boost to consumer spending in a trend that may continue even with equities markets in flux, notes Retail Dive.Most retail categori

El Nino throws curveball at retail sector

2015-08-12 seekingalpha
The Panama Canal Authority plans to restrict the amount of cargo ships will be allowed to carry through the canal beginning on September 8. The action is a result of the low level of water in Gatun L

All eyes on U.S. Retail Sales report next week

2015-08-08 seekingalpha
Retail sales take center stage next week with a rebound for July expected after the headline number fell in June.The consensus estimate is for a 0.5% M/M increase, although some projections range as h

Retail sales forecast taken lower by NRF

2015-07-22 seekingalpha
The National Retail Federation lowers its forecast for 2015 retail sales to 3.5% from 4.1%. The organization is playing some catch-up after recent retail sales reports have disappointed. The NRF pegs

Sharing millennials still a drag on retail sales

2015-07-14 seekingalpha
The question of when millennials will open up their checkbooks and stop sharing is posed by Bobbi Rebell in a Reuters piece. The generation seems to unabashedly share houses (AirBnb), cars (Uber), ca

U.S. Posts Solid Data, China And Greece Settle Down

2015-07-14 seekingalpha
This article originally appeared on the Independent Observer Blog.Last week was relatively quiet in U.S. economic news, but the news we did get was generally encouraging. Once again, the top stories c