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Tue, Aug. 19, 9:07 AM
Tue, Aug. 19, 7:49 AM
Tue, Aug. 12, 9:16 AM
Tue, Aug. 12, 8:01 AM
Thu, Aug. 7, 3:00 PM
- ICSC says the pace of retail sales growth will stay strong in August.
- The research firm thinks back to school spending is more back-end loaded this year and retail sales will benefit from increased consumer confidence in the economy.
- Though some big-name retailers such as Costco and Target have missed sales marks this week, there's also been some surprises from mall retailers and restaurant chains.
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, SCC, FDIS, UCC, PMR, UGE, RCD, SZK
Tue, Aug. 5, 9:03 AM
Tue, Aug. 5, 7:55 AM
Tue, Jul. 29, 9:09 AM
Tue, Jul. 29, 7:55 AM
Mon, Jul. 28, 3:31 PM
- A number of consumer goods companies that sell widely to retail chains are under-performing market indexes today after Dollar Tree announced it will buy out Family Dollar.
- Consolidation in the retail sector could give some leverage to the store chains as their scale broadens, according to Belus Capital Advisors' Brian Sozzi.
- On watch: PepsiCo (PEP -0.7%), Coca-Cola (KO -0.7%), Kraft Foods (KRFT -0.1%), Procter & Gamble (PG -0.4%), Colgate-Palmolive (CL -0.3%), Energizer Holdings (ENR -0.8%), Kimberly-Clark (KMB -0.3%).
- Related ETFs: XLP, VDC, FXG, IYK, RHS, FSTA, UGE, SZK
Tue, Jul. 22, 9:07 AM| Comment!
Tue, Jul. 22, 8:08 AM
Thu, Jul. 10, 11:39 AM
- The reads from major retailers on the spending habits of U.S. consumers varies widely with Wal-Mart and Family Dollar warning on the low-end, while pockets of strength have been seen at department stores, some specialty retailers, and out-performers such as Costco, Kroger, and Starbucks.
- The high level of spending on automobiles and big-ticket items has squeezed out some discretionary spending, say analysts
- If there's one development that nearly all retailers agree on, it's that store traffic is lower as online and mobile take market share and consumers pivot toward a paradigm of efficient shopping trips from mall browsing.
- Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, FXG, RETL, IYK, IYC, FXD, SCC, FDIS, RHS, UCC, PMR, FSTA, UGE, RCD, SZK
Thu, Jun. 26, 11:44 AM
- Ikea says it plans to increase the minimum wage for its U.S. retail workers by an average 17% starting next year, a decision that may add to pressure on retailers and fast-food companies that have not raised wages, particularly the largest holdouts, such as McDonald’s (MCD -0.1%) and Wal-Mart (WMT -0.7%).
- Business opponents say raising the minimum wage would add as much as hundreds of millions of dollars to costs; Ikea is presenting the move as good for employee well-being, and says it will not raise prices to offset the new costs.
- Earlier this year, Gap said it would raise its minimum hourly rate for U.S. employees to $9 in 2014 and $10 in 2015.
- ETFs: XLP, XLY, VDC, XRT, VCR, RTH, FXG, RETL, IYK, FXD, FDIS, RHS, PMR, FSTA, RCD, UGE, SZK
Wed, Jun. 11, 9:34 AM
- ICSC forecasts comparable-store sales for retail chains will increase by 3.5% Y/Y in June.
- The pace is slightly less than the snap-back from a slow Q1 that some analysts forecast.
- The read on June from the research firm is that wholesale clubs (WMT, COST, PSMT) and furniture stores (PIR, BBBY, LZB, ETH, RH, HVT, KIRK, WSM) showed "outstanding strength" for the first full week of the month.
- Related ETFs: IYK, UGE, SZK
Wed, May. 21, 9:35 AM
- Retail analysts are looking at underlying factors influencing consumer demand after two of the most resilient companies in the sector missed with their latest earnings report and guided full-year EPS down.
- Setting aside the weather, promotions, data breaches, and F/X swings which influenced some of the retail heavyweights - TJX Companies (consumer trade-down) and PetSmart (consumer loyalty) were the U.S. bellwethers which turned in the wrong direction.
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, SCC, FDIS, UCC, PMR, RCD, UGE, SZK
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