Many
retailers expected sales to bounce back after the recession.
Not exact matches
At the same time, Foot Locker shares, already down sharply this year, tumbled 25 % in heavy trading as the
retailer reported that comparable
sales fell 6 % in the second quarter — a stunning result given the 1.7 % increase
expected by Wall Street, according to Consensus Metrix.
A 2014 survey conducted by Powersports Business magazine and RBC Capital Markets indicates
retailers that sell BRP vehicles are outperforming their competitors: 32 % of BRP dealers reported an increase in motorcycle
sales of at least 20 % in the fourth quarter of last year (compared with 13 % for dealers overall), and 42 % of BRP dealers
expect another 20 % jump in
sales for 2015.
As more and more people opt to make their diverse sexual and gender identities public, and as choice - craving individuals seek clothing that perfectly reflects their personal style,
retail and fashion insiders
expect sales of androgynous duds to climb in the years ahead.
For the whole November - December period, the NRF has said it
expects retail sales to increase between 3.6 % and 4 % to hit as much as $ 682 billion.
In terms of data,
retail sales numbers in the U.K. came in higher - than -
expected, showing an increase of 0.3 percent month - on - month in October.
Retail sales in Germany came in lower - than -
expected in August, down by 0.4 percent on the month, the national statistics office said.
Other companies reporting quarterly results today include book
retailer Barnes & Noble (BKS), which is
expected to report a decline in its fourth - quarter
sales — a drop that would represent the company's fourth - straight quarterly decline — as the
retailer faces the increasing threat of online rivals as well as underwhelming demand for its Nook e-readers.
The latest
sales reports issued by major
retailers, including Macy's, Gap and Michael Kors, have come in lighter than
expected, signaling lower gas costs aren't resulting in greater spending at the malls.
It now
expects retail sales to rise between 12 to 13 percent for its full fiscal year, that's more than its previous guidance of between 8 to 10 percent.
Gold got a boost Friday on weaker - than -
expected inflation and
retail sales figures, casting doubt on the Federal Reserve's ability to continue normalizing interest rates this year.
More good news: April
retail sales edged up 0.1 %, which is no stellar performance, but well above the
expected 0.3 % contraction.
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.
«Like other
retailers in the United States, the unseasonably cold and disruptive weather negatively impacted U.S.
sales and drove operating expenses higher than
expected,» McMillon said in a statement.
By 2018, Chinese consumers are
expected to spend $ 1.2 trillion online on
retail items, according to Forrester Research, with such
sales growing more than 20 percent by 2016, according to a Nielsen Harris poll conducted in June.
Sterling has fallen on weaker - than -
expected inflation and
retail sales data and comments from BOE Governor Mark Carney on Thursday, which traders interpreted as the BOE's being less committed to raising rates in May due to recent «mixed» data.
Alibaba will most likely play a key role in the shift to a consumer - based economy, as 9 % of all
retail sales are down online, according to Alibaba, and Ma
expects that to grow.
U.S.
retailers posted weaker than
expected sales in December, the Monster job index declined from last month's highs and unemployment claims continued their steady trend lower.
Retailers» days could be especially bright this holiday season, as online
sales are
expected to hit $ 100 billion for the first time ever, Adobe Chairman, President and CEO Shantanu Narayen told CNBC.
Retail sales rose less than
expected in June, the latest sign of a slowdown in economic growth that offers a cautionary note to the Federal Reserve as it mulls scaling back its monetary stimulus.
US department store
sales have dropped 18 per cent since 2010, according to Bank of America estimates, while PwC
expects at least 90m sq ft of
retail space will be closed this year.
Holiday
retail sales are expected to increase as much as 4 percent, reaching up to $ 682 billion, according to the National Retail Feder
retail sales are
expected to increase as much as 4 percent, reaching up to $ 682 billion, according to the National
Retail Feder
Retail Federation.
We know
retail ecommerce is
expected to be strong — eMarketer estimates the core holiday November - through - December period will continue its multi-year trend of double - digit growth to bring $ 79.4 billion in
sales, an increase of 13.9 percent from the same time in 2014.
With
sales numbers
expected to eclipse figures from recent years, every independent
retail shop and SMB should be preparing for the home stretch of 2014.
U.S.
retail sales are
expected to have rebounded a bit, increasing 0.1 % last month, after dipping by 0.1 % in December during a disappointing holiday shopping season.
The Marketplace Fairness Act,
expected to pass in the Senate on May 6, requires online
retailers to charge shoppers their state's
sales tax.
Retail sales are
expected to grow for December when figures are released later this month (in November they rose 11.2 %) and industrial output is also
expected to growing at a faster pace.
Wall Street had
expected core
retail sales to increase 0.4 percent last month.
Cross-border
retail is
expected to grow twice as fast as domestic
sales, so
retailers that have overcome the bumps in the road to cross-border
retail are already enjoying serious competitive advantages.
Holiday
retail sales are
expected to rise 2.8 percent to $ 465.6 billion, the NRF predicts.
In Germany
sales promotions on Black Friday and Cyber Monday (Nov. 27) are
expected to add around 1.7 billion euros ($ 2 billion) to
retailers» revenues, about on par with 2016, a survey by trade body HDE found.
Back - to - school spending is
expected to be substantially lower this year, which has
retailers expanding their themed
sales beyond
expected school staples to unexpected items like mattresses and fine jewelry.
That's because
retail broadly had a weaker - than -
expected holiday season and there were also delayed tax refunds in North America, further pressuring
sales.
U.S.
retail sales of non-dairy, non-soy milk alternatives are
expected to nearly double to almost $ 2.4 billion by 2019, according to research firm Euromonitor International.
Holiday
retail sales in November and December — excluding automobiles, gasoline and restaurants — are expected to increase as much as 4 percent this year, reaching up to $ 682 billion, according to the National Retail Federation, the industry's trade
retail sales in November and December — excluding automobiles, gasoline and restaurants — are
expected to increase as much as 4 percent this year, reaching up to $ 682 billion, according to the National
Retail Federation, the industry's trade
Retail Federation, the industry's trade group.
This
retail investor, for one,
expects the ABCP fiasco to spike mattress
sales.
Latest economic data from China show both industrial production and
retail sales grew by less than
expected at the start of the year, pointing to an uncertain outlook.
The world's largest
retailer on Thursday gave Wall Street a pleasant surprise by reporting that comparable
sales in the U.S. rose 1.6 %, which was more than the 1 %
expected by industry tracker Consensus Metrix.
In terms of data, German
retail sales came in lower - than -
expected on Monday morning.
Other data on Thursday is
expected to reinforce the view that China is still in high gear, with growth in industrial output and
retail sales seen accelerating while fixed investment may hold at a roughly steady pace.
And it has been paying off: Walmart U.S., a
retailer with some $ 308 billion a year in
sales, reported comparable
sales rose 1.8 % during the holiday season quarter, above the 1.3 % Wall Street was
expecting, according to Consensus Metrix.
And the NRF itself said it still
expects retail sales for the whole season to be up 4.1 %, despite the poor holiday weekend showing.
Amazon accounts for just 5 % of U.S.
retail sales today, but its market share is
expected to surge as traditional players» revenue dwindles.
Data from Adobe's Digital Index found that 35 percent of online
sales volume went toward
retailers» Thanksgiving Day doorbusters, leading to «a lot more out of stocks» on Black Friday than the firm
expected.
In fact, the National
Retail Federation
expects holiday
sales to increase by only 3.7 percent, which is down from last year's 4.1 percent growth.
Additionally, with the new products that we have shown, we
expect that solar's share of the nation's $ 400 billion in annual
retail electricity
sales will increase more than anyone currently
expects.
«With several months of solid
retail sales behind us, we're heading into the all - important holiday season fully
expecting to see healthy growth,» said NRF President and CEO Matthew Shay.
Holiday
sales in 2015 are
expected to represent approximately 19 percent of the
retail industry's annual
sales of $ 3.2 trillion.
The National
Retail Federation announced today it
expects sales in November and December (excluding autos, gas and restaurant
sales) to increase a solid 3.7 percent to $ 630.5 billion — significantly higher than the 10 - year average of 2.5 percent.