Seeking Alpha
 

PowerShares Dynamic Retail Portfolio ETF (PMR)

- NYSEARCA
  • Tue, Jan. 27, 9:13 AM
    • The read from Redbook on retail sales through a good portion of the month indicates sales might decline around 3% M/M from December after the impact of auto and gas are backed out.
    • The December retail sales showed a small decline from November.
    • The Weekly Retail Chain Store Sales Index released today fell 0.6% W/W in another indication of softness in the retail sector, although on a year-over-year comparison the reading was up 2.6%.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, UGE, RCD, PSCD, SZK
    | Comment!
  • Thu, Jan. 15, 9:52 AM
    • Though lottery sales are highly volatile as large jackpots attract attention sporadically, there's a bit of evidence that some of the extra cash in the pockets of U.S. consumers due to lower gas prices is heading in that direction.
    • Yesterday, the report on retail sales for December missed the mark of analysts in showing a month-over-month decline.
    • The NRF says holiday spending was up 4% Y/Y, but that's roughly the same mark the group predicted in the summer before the sharp drop in oil prices.
    • Data dive: Lottery sales on Powerball and Mega Millions.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
    | Comment!
  • Wed, Jan. 14, 9:54 AM
    • The National Retail Federation projects holiday sales rose 4.0% Y/Y.
    • The mark is just shy of the 4.1% forecast from the industry group.
    • Earlier today, a report on Retail Sales showed +3.2% Y/Y growth in December with a slide in sales at gas stations a factor.
    • Savvy retail analysts have been pointing out for months that holiday spending was pulled forward this year, making the M/M drop in retail sales for December a bit easier to digest.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, RCD, UGE, SZK
    | Comment!
  • Thu, Jan. 8, 8:18 PM
    • Holiday retail sales rose 4.6% vs. expectations for a 3.8% lift, according to a read from ShopperTrak. The growth rate is the highest since 2005 for the period.
    • The rush of positive reports from retailers on holiday sales comes off of some beaten-down expectations, notes Chain Store Age.
    • Concerns on mall traffic, a West Coast port slowdown, and a frenzied level of promotions drove consensus estimates lower before some macroeconomic factors improved and $2 gas entered the scene.
    • A cross-section of retailers that surprised on the upside includes Barnes & Noble, Pier 1 Imports, Walgreens, Urban Outfitters, and Sonic.
    • What to watch: Costco (NASDAQ:COST) put up a 5% comp for December, putting some pressure on Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) to show signs of late-quarter strength. Signs of weakness at dollar stores (DG, DLTR, FDO, FIVE) and electronics chains (HGG, CONN, BBY) are a concern. Retailers seen as on-trend for the holiday season include Foot Locker (NYSE:FL), Lululemon (NASDAQ:LULU), and Williams-Sonoma (NYSE:WSM).
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | 12 Comments
  • Tue, Jan. 6, 11:29 AM
    • Specialty retail is set up to see a strong year, according to Jefferies analyst Randal Konik.
    • The sector enters the year in a better position than in 2014 with inventory clean and the macroeconomic backdrop looking supportive.
    • Comp sales will lag a string of weak quarters and lower cotton prices will filter down to the bottom lines of the group, says Konik.
    • Specialty retailers (partial list): EXPR, ZUMZ, PSUN, ARO, AEO, ANF, CACH, CHS, NWY, BEBE, ANN, CBK, GPS, GES, PIR, BBBY, TCS, LE, VRA.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
    | Comment!
  • Mon, Jan. 5, 10:13 AM
    • Online holiday sales rose 13.9% in 2014, an acceleration from the 8.5% growth seen in 2013, according to data from IBM Digital Analytics.
    • Mobile sales were up 27% to account for 23% of total holiday online sales.
    • Though the shift in sales to online and mobile channels has been a top-line producer for retailers, it's also been a drag on margins.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
    • Previously: The free delivery gambit in retail (Jan. 03 2015)
    | Comment!
  • Sat, Jan. 3, 7:51 PM
    • The intense competition in retail over free shipping policies is expected to bring some pain to Q4 margins as big box and e-commerce firms scrap for market share, warn analysts.
    • ComScore reports that free delivery on online purchases rose to 68% in 2014, up from 44% last year.
    • Amazon (NASDAQ:AMZN): 2014 shipping costs were up 32% through Q3. That mark comes before a holiday season in which the company says it saved customers a mere $2B in shipping fees.
    • Wal-Mart (NYSE:WMT): The Bentonville giant has already warned investors it will spend heavily on e-commerce and fulfillment center expansion as it eyes +30% growth in online sales. The company may have difficulty dialing back its free delivery policies, say industry insiders.
    • Target (NYSE:TGT): Wolfe Research projects a 1% shift in Target sales to e-commerce cuts into the firm's profit margin by 5 bps.
    • What to watch: Online sales rose 16% in Q3 vs. 4% for broad retail, a differential that is expected to have widened in Q4. Retailers with a sharp shift in mix to online could have trouble hitting consensus EPS estimates.
    • Related stocks: BBY, DKS, CAB, SPLS, TJX, BIG.
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, UGE, RCD, PEZ, PSCD, SZK
    | 45 Comments
  • Dec. 28, 2014, 2:19 PM
    • ShopperTrak reports retail sales on Super Saturday (Dec. 20) were improved this year for a majority of retailers.
    • The research firm tabulated an increase in both conversation rates and average transaction price for the key shopping day.
    • A 3.8% gain in sales for the holiday season is still within reach, forecasts ShopperTrak.
    • The read from FedEx and UPS on late-season volume has also been strong.
    • Previously: Holiday retail sales up 5.5% Y/Y (Dec. 26)
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
    | Comment!
  • Dec. 26, 2014, 12:32 PM
    • MasterCard Advisors estimates U.S. retail sales from Black Friday through Christmas Eve were up 5.5% Y/Y, in-line with prior forecasts. The figure follows consensus-beating Redbook and ICSC weekly retail sales data earlier this week.
    • For its part, the National Retail Federation has forecast low gas prices and healthy macro conditions will help U.S. November/December retail sales rise 4.1% Y/Y - the period's highest growth rate since 2011's 4.8%.
    • E-commerce continues taking share from traditional retail. IBM estimates holiday season online sales rose 8.3% Y/Y, with mobile accounting for 34.8% of sales; comScore sales from Nov. 1-Dec. 21 were up 15%. A year ago, Custora estimated U.S. holiday online orders rose 12%, with mobile accounting for 29% of them.
    • Globally, eMarketer forecasts retail sales will rise 6.1% this year to $22.5T, and 6.4% next year to $23.9T. E-commerce is expected to grow 22% this year to $1.3T, and 21% next year to $1.6T.
    • ETFs: XLP, XLY, VDC,VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    | Comment!
  • Dec. 23, 2014, 2:59 PM
    • The strong reads on consumer spending (ICSC, Redbook) bode well for Q4 earnings in the retail sector, note analysts.
    • Electronics sellers (BBY, HGG) and the luxury sector (RL, TIF, COH, KORS, KATE, FOSL, VRA) are viewed as being in a good position to see a December boost.
    • Companies which eased off on pulling a bulk of their sales forward with Black Friday/Cyber Monday deals are also seen as potential winners with sub-$2 gas resetting some holiday budgets.
    • Though e-commerce is expected to dazzle again this holiday season. It's not all fun and games for analysts looking at margins. The extension by Amazon (AMZN -0.1%) of its free shipping offer could be a signal that inventory levels are higher than anticipated and that the growth-at-all-costs mentality at the company is as entrenched as ever, notes Nasdaq Advisory Services.
    • The S&P Retail ETF (NYSEARCA:XRT) has doubled up the return of the S&P 500 over the last 3 months, 10.8% vs. 5.1%.
    • Previously: Retail trends to watch: Athleisure, P-E buyouts, and new online channels (Dec. 20 2014)
    • Related ETFs: XLP, XLY, VDC,VCR, RTH, RETL, FXG, PBJ, IYK, PEJ, FXD, IYC, FDIS, RHS, SCC, FSTA, UCC, PMR, PSL, UGE, RCD, PEZ, PSCC, PSCD, SZK
    | 1 Comment
  • Dec. 17, 2014, 7:41 AM
    | 2 Comments
  • Dec. 12, 2014, 12:04 PM
    • A survey by Bankrate.com indicates consumers aren't quite sold on increasing spending just because gas prices have moderated.
    • 82% of respondents say they don't plan on spending more this holiday season than last.
    • Just 5% said they would boost holiday spending due specifically to the drop in gas prices.
    • Millennials were the age group with the highest percentage (28%) indicating holiday spending would increase this year.
    • The survey contradicts most economic projections for a +4% lift in holiday spending.
    • What to watch: Was the strong report on retail sales for November just a pull-forward of sales typically closer to the holiday?
    • Previously: Strongest month for retail sales since March (Dec. 11 2014)
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD
    | 5 Comments
  • Dec. 11, 2014, 9:30 AM
    • Retail sales struck their biggest gain since March on broad strength.
    • What's working: Strong growth was seen in auto parts (PBY, ORLY, AZO, AAP, MNRO) with the broad parts category showing year-over-year sale growth of over 8% in November. Sales were up 6.8% Y/Y for health and personal care stores (ULTA, SBH, CVS, WAG, RAD) during the month.
    • What's not working: Department stores (DDS, M, SSI, BONT, SHLD, JCP, KSS, JWN) went backwards with sales off 1.1% from a year ago. No surprise, but sales at gas stations (CASY, KR, PTRY) also fell off from a year ago.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK.
    | 8 Comments
  • Dec. 2, 2014, 2:42 AM
    | 17 Comments
  • Dec. 1, 2014, 2:35 AM
    • Retail spending over this year's four-day Thanksgiving weekend fell 11% to $50.9B according to the National Retail Federation, although total holiday sales through the end of the year are expected to rise 4.1%.
    • The decline, the second annual drop in a row, comes as retailers, including Target (NYSE:TGT) and Wal-Mart (NYSE:WMT), offer their sales and promotions days or even weeks before the holiday weekend.
    • ETFs: XLP, XLY, VDC, XRT, VCR, RTH, PBJ, RETL, PEJ, IYK, FXG, IYC, SCC, FXD, RHS, UCC, PMR, UGE, RCD, PSL, PSCC, SZK, FDIS, FSTA, PSCD, PEZ
    | 8 Comments
  • Nov. 28, 2014, 3:26 PM
    | 21 Comments
PMR vs. ETF Alternatives
PMR Description
The PowerShares Retail Portfolio (Fund) is based on the Retail Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.
See more details on sponsor's website
Sector: Services
Country: United States
ETF Hub
Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub