retail

Weak Retail Sales Weigh on the Markets

In a sensitive economy in which growth is slowing enough that recession fears are high, every single economic report is given a very close look. Retail sales matter when it ...
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An Amazing Number of People Can’t Remember What Gifts They Got Last Year

U.S. consumers are expected to loosen their wallets a bit this year and spend around 4% more on holiday gift giving than they did last year. From a retailer's perspective, ...
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US Firms to Hire Fewer Seasonal Workers This Year

Citing data from the U.S. Bureau of Labor Statistics (BLS), outplacement firm Challenger, Gray & Christmas is predicting that the number of seasonal jobs offered this year will be no ...
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Target, UPS Set Seasonal Hiring Plans

It's nearly that time of year again. Now that back-to-school shopping is behind us, U.S. retailers are looking ahead to the holiday season, which generates as much as 30% of ...
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Oil & Gas, Apparel, Pharma Vying for S&P 500’s Worst Group of 2019

The stock market has experienced yet another 5% correction after hitting all-time highs just in July. What really stands out for 2019, particularly if you just followed the emotions of ...
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China Trade War Fallout Puts Dark Clouds Over Luxury Goods

With an escalation in the trade war between the United States China, the impact is beginning to feel drastic all over again. We have seen these reactions before, but China ...
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Gun Stocks on the Move in Wake of Deadly Mass Shootings

It was bad enough to have one mass shooting at a Walmart store in El Paso, Texas, this weekend, but then another mass shooting took place in Dayton, Ohio. Dozens ...
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Attention Shoppers: Watch for Fakes on Amazon Prime Day

Shoppers at this year's Amazon Prime Days (July 15 and 16) could spend more than $5 billion during the sale period that has been extended from last year's 36-hour extravaganza ...
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How Free Shipping May Help Etsy’s Financials Ahead

Whether buying online or in an old-fashioned store, customers and shoppers love to hear "free" followed by almost anything. In online sales, "free" is usually followed by shipping. Now it ...
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Analysts Chasing Shopify Into Stratosphere

If one great technology and services company deserves recognition in 2019, it has to be Shopify Inc. (NYSE: SHOP). With a new suite of services to better assist online merchants ...
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Grocery Outlet Enters the Market With a Bang

Grocery Outlet Holding Corp. (NASDAQ: GO) shares entered the market with a bang. The firm priced its shares at $22 apiece, which was above the expected price range of $17 ...
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Retail Sales Rise Ahead of Tariffs

May's reading on retail sales did manage to post a 0.5% seasonally adjusted gain. That's the good news. The bad news is that this was under the consensus target of ...
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Weak Retail Sales May Sour GDP Growth Targets for the Second Quarter of 2019

Retail sales are often volatile on a monthly reporting basis, and the markets are getting to deal with a fresh round of negative news when it comes to the consumer ...
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Why CarMax Earnings Look So Good to Investors

CarMax Inc. (NYSE: KMX) reported fourth-quarter and full-year 2019 results before markets opened Friday. The used-car retailer reported quarterly diluted earnings per share (EPS) of $1.13 on revenues of $4.32 ...
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The Place That Sold the Most Cars in 2018 Is Not Even a Dealership

The largest retail automobile dealership group in the United States based on the number of new vehicles sold is AutoNation. Last year the company sold more than 538,000 new and ...
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