Real Retail Sales Gains Join Industrial Production In Sharp Deceleration
Nominal retail sales were up +0.6% in August. Meanwhile, July's reading was revised downward by -0.3%.Real retail sales did establish a new record high, above any reading from before the pandemic.Because sales have made a full recovery, I expect employment and hours worked to continue to show gains for the next several months.
Seekingalpha · 1d ago
The Big 4: August Retail Sales See Nominal All-Time High
With the release of August Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales.Month-over-month nominal sales in August increased by 0.56%.Real Retail Sales, calculated with the seasonally adjusted Consumer Price Index, increased by 0.18%.
Seekingalpha · 1d ago
Inventory-To-Sales Ratio At Historic Lows
August Retail Sales reported with data on Inventory/Sales ratio from July.While a lagging indicator and not historically a good indicator of future economic activity, the July 2020 report emerges as underscoring a unique forecast for accelerated future economic activity.Total Business Inventories are reported at historic lows of 1.23, only slightly above the June level of 1.22.
Seekingalpha · 2d ago
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Sept. 16, 2020: XRT, KODK, MASI, OSTK, AMWL
Today's 5 Stock Ideas:  SPDR S&P Retail ETF (XRT) - Watch this retail-focused ETF today amid retail sales data at 8:30 a.m. EDT.  Eastman Kodak (KODK) - One of the biggest winners from
Benzinga · 3d ago
Holiday retail sales to rise 1% to 1.5% this year with e-commerce growing as much as 35%: Deloitte
Experts at Deloitte are forecasting a 1% to 1.5% year-over-year sales increase this holiday season, with total retail sales expected to be $1.147 billion to...
MarketWatch · 4d ago
Century 21 joins retail graveyard with bankruptcy filing
Century 21, the famous New York discount store chain, has become the latest retail casualty of the coronavirus pandemic, saying it would file for bankruptcy and close all 13 of
Seekingalpha · 09/11 07:37
Academy Sports and Outdoors has filed to go public
While one retailer (Century 21) is closing its stores, another has filed to go public. Academy Sports and Outdoors Inc. filed Wednesday afternoon for an...
MarketWatch · 09/10 17:06
Off-price retailer Century 21 to shut down its 13 stores due to COVID-19
Century 21, the off-price retailer with 13 stores in New York, New Jersey, Pennsylvania and Florida, will shut down operations due to the impact of COVID-19....
MarketWatch · 09/10 13:15
Stimulus For Retail
US retail sales growth has been slowing on a sequential basis.Low inventory levels in autos have reduced consumer choice and caused deferrals. The previously hot home-building sector looks to be cooling off.Employment and disposable income is weak, the savings rate is elevated, and added stimulus has disappeared.
Seekingalpha · 09/04 15:38
How will stocks perform under different U.S. election scenarios?
Seeking Alpha - Article · 08/08 20:11
Charting a decisive August breakout, Nasdaq clears 20-day volatility bands · 08/07 12:01
Nasdaq makes it 6 gains in a row; cyclicals help broader market
Seeking Alpha - Article · 08/05 20:03
Left-back retailers jumping today, but still way off sector
Seeking Alpha - Article · 08/05 17:25
More pain ahead for retail: Cowen analyst
Oliver Chen, Cowen retail analyst, joins 'Power Lunch' to discuss his note laying out some of the best bets in retail and why he says the industry could be in for a worse back half of the year. · 07/28 18:54
Target talks Christmas in July with holiday shopping announcement · 07/28 08:31
Ann Taylor parent joins other retailers that have recently filed for bankruptcy. Here are a few things they have in common. · 07/24 16:09
ETF Spotlight: This retail ETF is now positive for the year
CNBC's Morgan Brennan takes a look at the SPDR Retail ETF (XRT) as it climbs 40% over the past three months. · 07/22 16:12
Amazon set to erase last week’s losses as eBay also boosts discretionaries
Seeking Alpha - Article · 07/21 12:48
Charting a bull-flag breakout, S&P 500 extends rally as volatility recedes · 07/21 11:54
Big mall owners are looking to do deals to salvage bankrupt retailers retail reporter Lauren Thomas discusses how mall owners are swooping in to save retailers on the brink of bankruptcy. · 07/20 18:21