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By Jharonne Martis. Retailers are getting ready to report Q1 2020 earnings. As they navigate through uncharted territory, many are withdrawing their earnings guidance. The coronavirus pandemic has also prolonged retail store closures all over the world. However, some U.S. states are reopen...
One of the biggest beneficiaries of the COVID-19 global pandemic, stay-at-home economy has been online commerce. Online retail was already the fastest growing segment of retail sales, but as physical stores were shuttered and consumers were forced to shelter in place, online retail became a li...
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 ...
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...
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 ...
By Jill Mislinski Note: With the release of November 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...
By Robert Hughes Retail sales and food-services spending increased 0.2 percent in November following a 0.4 percent gain in October. Excluding gasoline station sales, retail sales and food services were up 0.1 percent in November after a gain of 0.7 percent in October. Over the past year, t...
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2024-07-13 13:44:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-23 17:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-02-22 12:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...