A weaker than expected number after disappointing
retail sales this week would lead to a safe haven bid.
Not exact matches
And if
sales did take off, she says,
retailers such as Zara or Aritzia could «jump on that category and come out with a competing product in two
weeks.»
The markets will parse over a series of economic reports this
week, led by Tuesday's report from the Commerce Department on May
retail sales, which likely improved by roughly 0.3 % after posting strong growth of 1.3 % in April.
Also this
week,
retail sales data and quarterly updates from Oracle and Rite Aid, while broadway's biggest hit will try to have a record - setting night at the Tony Awards.
That
weeks - long stretch brings in between 30 to 40 percent of all annual
retail sales, the NRF states, and this year holiday
retail sales are expected to surge between 3 - 4 percent, up from $ 655.8 billion last year.
Already in March most indicators have disappointed: the U.S. economy added a dismal 88,000 jobs last month, less than half as many as analysts expected;
retail sales dropped 0.4 %, the largest decline since June of 2012; and this
week durable goods orders, out last Wednesday, plunged 5.7 %, nearly twice the tumble expected and likely a sign that U.S. factories have entered a slump.
One Click
Retail estimates that
sales of the products totaled more than 500,000 in the first
week.
In its statement, Cabela's, which was acquired by Bass Pro Shops last
week, said both
retailers agreed with the NRA's stance that the
sales of bump stocks should be regulated.
The U.S. electronics
retailer warned this
week that it's facing bankruptcy, as cratering
sales and mounting losses have shrunk its cash - on - hand to just $ 30 million.
This follows a
retail sales report from last
week, which showed that core
sales — which exclude volatile automobile and gasoline
sales — rose by just 0.1 % in September, again below economists expectations.
Some of the catalysts ahead of us later this
week, aside from the start of Bank Earnings, includes: ECB's Draghi speaking several times, and Fed's Yellen speaks Friday / Multiple FOMC speakers, and the Beige Book from the Fed / Inflation from China, Japan, Germany / Germany's ZEW / IP from Japan, EU, US / US Advance
Retail Sales / Housing Data - Housing Starts and Permits / HYG large Coupon Payment date - Could see re-investment bid.
Research firm One Click
Retail estimated that Web
sales of Whole Foods items totaled $ 500,000 in the first
week.
Critics say the discounts drag forward Christmas
sales that
retailers would otherwise have made at full price and can dampen business in subsequent
weeks.
This
week's big news is that Michael Kors, one of the largest luxury fashion brands, is closing up to 15 % of its
retail stores over the next two years, after slow
sales and fewer people shopping in - store.
This
week, some of the largest
retailers in America have announced changes to their firearm
sales policies.
Given competing
sales from two of the world's biggest
retailers, other businesses may be bound for slow traffic this
week.
Schlossberg said once the risk aversion fades, the dollar may also run into trouble if the economy is beginning to sputter, with recent weakness in housing data and this
week's soft February
retail sales.
Retail sales of hot dogs in the U.S. reached $ 2.6 billion for the 52
weeks ended Dec. 26, 2015, representing a 0.1 % drop year over year, according to data from Nielsen.
Disappointing
retail sales raises more concern about the consumer and reaffirms the view that the Fed will not raise rates next
week.
We expect the Fed to raise rates just once this year — likely in December — and to proceed cautiously given the unevenness of the domestic economic recovery, as highlighted by weak
retail sales data released last
week, and global growth uncertainties.
Bud Light's
retail sales volume fell 6.8 percent in the four
weeks ending Feb 10 (which includes the all - important Super Bowl period), compared with a 3.5 percent drop for Lite, according to Nielsen data recently cited by Beer Marketer's Insights.
US
retail sales data for May beat expectations today while new applications for unemployment benefits fell for last
week, driving equities and reducing the value of precious metals and various other commodities More...
Europe's trading calendar this
week looks set to be dominated by fresh PMI data for the core of the Eurozone from IHS / Markit later in the
week as well as U.K. inflation (Tuesday) and
retail sales (Thursday).
U.K. stocks finish at 10 -
week high as metals prices rally Shire soars; pound seesaws as U.K.
retail sales disappoint U.K. stocks end slightly higher on Thursday, boosted by gains for miners on the back of a rally in nickel and aluminum prices.
The euro has gained 1.8 % this
week, and posted strong gains on Wednesday, after the US releases pointed to stronger inflation and dismal
retail sales.
The so - called Redbook survey showed last
week that same - store
sales were up 3.2 % over year - ago levels at 20 of the largest U.S. chain
retailers despite continued pressure from online competition.
This
week, investors are waiting for China's inflation data on Wednesday, US consumer prices and
retail sales, expected on Friday, and global trade figures on Friday.
Retailers in focus this
week with the ICR Conference kicking off tomorrow in Orlando, ahead of Advance
Retail Sales for December on Friday.
The North Korean escalation, tightening central banks, another miss in US
Retail Sales, and so on... A weak stock market would have definitely tumbled in recent
weeks, but conversely US equities have been edging higher towards their all - time highs.
U.S.
retail sales for the three weeks preceding Christmas, closely watched by economists as an indicator of monthly same - store sales strength, had their strongest showing (53.4) since 2014 (49.6), according to the Evercore ISI Sales Su
sales for the three
weeks preceding Christmas, closely watched by economists as an indicator of monthly same - store
sales strength, had their strongest showing (53.4) since 2014 (49.6), according to the Evercore ISI Sales Su
sales strength, had their strongest showing (53.4) since 2014 (49.6), according to the Evercore ISI
Sales Su
Sales Survey.
Inflation and
Retail Sales Data Eyed Markets Gradually Stabilize US futures are pointing to a stronger open on Wednesday, building on the small gains posted at the start of the
week and offering some hope that stability is slowly returning... Read more
The home furnishings
retailer reported a 0.5 % drop in like - for - like
sales for the 26
weeks to December 31 and pre-tax profit halved to # 4.3 mln.
Over the past 13
weeks, Nike's women's business at
retail rose 45 % and Under Armour's
sales increased 55 %, said Matt Powell, analyst at SportsOneSource.
The data comes amid other evidence of slowing consumer spending in the U.K. with surprisingly poor
retail sales released last
week and expectations that resurgent levels of inflation will persist.
Two
weeks after the school shooting in Parkland, Florida, Dick's Sporting Goods, one of the nation's largest sports
retailers, is ending
sales of assault - style rifles in stores.
Looking ahead, there's not an awful lot of further top - tier U.S. economic data this
week, except the Producer Price Index and
Retail Sales, on Wednesday, and Industrial Production on Friday.
The Johnson Redbook
Retail Sales Index rose 1.2 percent during the first three
weeks of April versus March.
The Johnson Redbook
Retail Sales Index dropped 1.1 percent during the first
week of February versus January.
Inflation and
Retail Sales Data Eyed Markets Gradually Stabilize US futures are pointing to a stronger open on Wednesday, building on the small gains posted at the start of the
week and offering some hope that stability is slowly returning to the markets.
From booming seasonal chocolate
sales to synergies between
retailers proving effective, here is this
week's lineup of natural food news.
The premium range launched in kegs in the Turnham Green store in July but is set to roll out across its other stores, after seeing strong
sales, owner Muriel Chatel told db at the
retailer's 15th anniversary tasting last
week.
The news comes a
week after the UK drinks industry was rocked by the surprise
sale of Bibendum PLB to Conviviality
Retail, which has created a company with an annual turnover of around # 1.4 billion, and an 8 % share of the UK market.
The
retailer will learn next
week whether the Australian Competition and Consumer Commission gives the green light to the $ 1.8 billion
sale of its fuels business to BP.
According to Chicago - based Information Resources Inc. (IRI), hard cider was up approximately 15 percent for more than $ 436 million in dollar
sales in the 52
weeks ending Dec. 27, 2015, in U.S. supermarkets, drug stores, mass merchandisers, gas and convenience stores, military commissaries, and select club and dollar
retail chains.
The next six
weeks of the year are crucial for
retailers but he says second quarter
sales trends are encouraging to date.
Fast food companies Domino's Pizza Enterprises and
Retail Food Group are expected to taste test rival pizza franchise Eagle Boys Dial - a-Pizza, which is up for
sale after collapsing last
week.
To Barton's point,
retail sales data from IRI, a Chicago - based market research firm, show
sales of most shelf - stable dry packaged sides and canned soups were down or relatively flat during a 52 -
week tracking period ended Dec. 31, 2017.
The Optimum 9200
retails for # 429 but will be on
sale for # 349 during National Vegetarian
Week.
The Optimum 9200
retails at # 429 but will be on
sale for # 349 during National Vegetarian
Week.
This
week only, unbleached birdseye cotton fitted diapers are on
sale at OsoCosy for $ 4.49 each at ClothDiaper.com Wow, that's 40 % off
retail for these reliable, no - frills fitteds!