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These numbers do seem epic, don't they? It's hard to ignore when you have the greatest percentage increase in the history of a major economic account. Just writing that sentence it's difficult to deny the power of those words. Which is precisely the point: we already know ahead of time how the...
Retail Sales are reported higher by ~18%, well ahead of expectations, and equity markets are higher in response. Personal Income spikes due to government income replacement during the COVID-19 shutdown. We can trust that Personal Income which is April's data will return to trend and that Real ...
Many restaurants will not survive the lockdown phase of the coronavirus pandemic. The Souplantation/Sweet Tomatoes chain has shut down for good. Some restaurants will try to reopen but not last very long. Other small businesses, such as gyms and yoga studios, will permanently close as well. A...
Anthony Okolie recaps the news of the day including the latest COVID-19 updates, followed by a conversation with Anita Bruinsma, Consumer Discretionary Analyst, TD Asset Management, about the latest trends that will shape the future of retail in North America and around the world. Ori...
By Jharonne Martis Sixty seven percent of companies in our Retail/Restaurant Index have reported Q1 2020 EPS. Of the 143 companies in the index that have reported earnings to date, 59% have reported earnings above analyst expectations, 2% reported earnings in line with analyst expectations...
By James T. Tierney, Jr., Anna Toshach Economic fallout from the coronavirus pandemic has battered a US retail industry already experiencing seismic change. But companies with effective, multichannel consumer models in place before the crisis will compound these advantages on the other sid...
Q1 E-Commerce Retail Sales : +2.4 % Q/Q vs. +2.6% in Q4. 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 James Knightley April retail sales numbers underline the devastation on Main Street and shopping malls across the country caused by Covid-19 containment measures. Re-opening is now getting underway, but ongoing social distancing means this process will be slow while the surge in unemp...
Retail sales plummeted 16.2% on a month-to-month comparison, and were off 16.0% year-over-year in April after backing out the auto and gas categories. More news on: Amazon.com, Inc., Wayfair Inc., Etsy, Inc., Consumer stocks news, Top stock market news, News on ETFs, Top Breaking stock new...
I’ve been looking at this chart a lot over the past few weeks. It shows us that print ad budgets were doing just fine all the way though the first decade or more of the consumer internet. There was even a little spike upward for the Dotcom bubble. Then the financial crisis and r...