PEJ News and Press, Invesco Dynamic Leisure and Entertainment From 04/15/20

Originally published on April 14, 2020 By Robert Hughes Weekly retail same-store sales data from Johnson Redbook reflect the collapse in retail spending as a result of the COVID-19 outbreak. For the week ending April 11, the Redbook same-store sales index tumbled 8.3 percent from the p...

By Jharonne Martis The worldwide COVID-19 pandemic has caused many retailers to close their physical stores, causing a sudden increase of excess inventory. Nike (NKE) alone saw an inventory spike of 7% in the fiscal quarter ending February 2020. Retailers are turning to different measures ...

Introduction I have been saying for the past few weeks that the news would outrun the data. That being said, the impact of the coronavirus would first show up in the weekly high frequency indicators. Chain store sales show stockpiling This morning, we got two important reads on chain s...

"This is going to be really bad, really fast," Barry Sternlicht, founder and chief investment officer of Starwood Capital, told CNBC in an interview. More news on: Invesco Exchange-Traded Fund Trust - Invesco Dynamic Leisure and Entertainment ETF, ProShares Trust - ProShares Ultra Consumer...

Q4 E-Commerce Retail Sales : +2.6 % Q/Q vs. +4.6%  in Q3. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, News on the U.S. economy, News on ETFs Read more ...

By Robert Hughes Retail sales and food services spending rose 0.3 percent in January following a 0.2 percent gain in December. Over the past year, total retail sales and food services were up 4.4 percent through January. Excluding the volatile energy category, retail sales and food servi...

The lull in US consumer spending on goods has reached a fifth month. The annual comparisons aren't good, yet they somewhat mask the more recent problems appearing in the figures. According to the Census Bureau, total retail sales in January rose 4.58% year-over-year (unadjusted). Not a good nu...

By Jill Mislinski The Census Bureau's Advance Retail Sales Report for January was released on Feb. 14. Headline sales came in at 0.26% month-over-month to one decimal and were at the Investing.com forecast. Core sales (ex Autos) came in at 0.29% MoM (to two decimals). Here is the introdu...

By Jill Mislinski Note: With the release of December Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably va...

U.S. consumers are setting more holiday shopping set records, as job growth and fatter wallets, along with stronger household finances, have put many in a buying mood this season. More news on: Walmart Inc., Amazon.com, Inc., Costco Wholesale Corporation, Consumer stocks news, News on the ...