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Navigating the holiday season during the COVID-19 pandemic is sure to heighten anxiety levels for retailers and consumers alike in 2020. But US consumers have found a way to spend money amid the chaos and retail has been a key beneficiary of a widespread shift in spending from service...
In a recent interview with Commercial Property Executive, Kimco Realty (KIM) president & CIO Ross Cooper discussed upcoming retail trends insights and successful strategies amid pandemic; he highlights the shopping centers future in 2021.Despite challenging times, 97% of Kimco Realty...
Many retailers are hoping that this year's Black Friday/holiday promotions will help them back into the black. Currently, many retailers are promoting new item-level markdowns, to give shoppers first dibs on merchandise they've had their eyes on. What's surprising is the amount of...
The National Retail Federation held a holiday sales call this morning. The outlook for the holiday season is bright. The NRF notes that consumers have been engaged at a strong rate this year during prior holidays, which it takes as a good sign. The early start to the holiday season is seen as...
According to the Verizon Business Retail Trends Report, online retailers are booming as COVID-19 restrictions led to an increase in online shopping this holiday season.As per the National Retail Federation ((NRF)) first week of November 2020 shows 82% Y/Y increase in data traffic. 20% fewer p...
Retail sales rose for the sixth month in a row in October, with sales significantly better than the same time a year ago with some holiday shopping pulled forward.Retail sales were up 10.6% Y/Y during the month after the gas, auto dealers and restaurant categories were stripped out."Consumers...
U.S. retailers are getting ready to report Q3 2020 earnings. The Refinitiv U.S. Retail and Restaurant Q3 earnings index is expected to decline by -13.8%. When looking at the earnings growth rates for Q3 for the 206 retailers tracked by Refinitiv, the Leisure Products and Internet ...
The COVID-19 pandemic has led to a number of retailers filing for bankruptcies and store closures. Canadian retailers like Lululemon and Aritzia are weathering the storm. High unemployment and reduced government benefits could negatively impact holiday sales. For further det...
Friday morning personal income and spending for September was reported. Both real income and spending increased, which is positive - and surprising. While real retail sales have exceeded their precession peak, the broader measure of real personal spending has still only recovered ...
The coronavirus pandemic continues to restrain normal activities, including traditional Halloween events, such as trick or treating and costume parties. As a result, retailers are feeling the pinch of a very scary Halloween season. The National Retail Federation says that total Ha...
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Index-based ETFs that provide exposure to companies engaged in streaming & gaming, future vehicles and e-commerce First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today...
First Trust Nasdaq Retail ETF (Nasdaq: FTXD) (the “Fund”), an exchange-traded index fund and a series of First Trust Exchange-Traded Fund VI (the “Trust”), previously announced changes to its investment objective, the Fund’s name and its ticker symbol....
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 115 exchange-traded funds (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: FTA is a federally registe...