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It's a pandemic, so there are problems with the data. Total retail sales in May bounced off 17.7% from the April low, according to the Census Bureau Tuesday. April had been the lowest April since 2013. May retail sales, at $485 billion seasonally adjusted, were down 6.1% from May 2019, d...
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...
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...
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...
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2024-07-15 11:26:00 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...
2024-06-15 15:48:00 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...
2024-05-25 02:14:00 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...