- The National Retail Federation reports holiday sales rose 3.8% Y/Y to $601.B to fall just short of the forecast for a 3.9% gain.
- If the 3.8% rise doesn't jibe with the rash of sales warnings piling up in the retail sector, it's due in part to the reliance of the industry on promotions and e-commerce channels this year to pick up the slack from soft store traffic. For the most part, margins suffered mightily this holiday season.
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, SCC, UCC, PMR, FDIS, UGE, RCD, PEZ, SZK, PSCD
From other sites
Video at CNBC.com (Tue, 1:38PM)
Video at CNBC.com (Mon, 4:02PM)
Video at CNBC.com (Mon, 10:06AM)
Video at CNBC.com (Aug 13, 2015)
Video at CNBC.com (Aug 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs