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Under Armour Has Opened The Most Mall Stores Since 2011, Sears Closed The Most
Monday, December 24, 2018 - 12:04pm | 630Department store closures have long dominated retail apocalypse rhetoric. While they do not necessarily spell the downfall of retail, struggling department stores have led mall closures since the turn of the decade. From 2011 through 2016, Sears Holdings Corp (OTC: SHLDQ) has led mall store...
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A Key Consumer Metric Augurs Well For Upcoming Holiday Season
Monday, October 31, 2016 - 10:05am | 688Consumers are after all a segment that cannot be cowed down by see-sawing fortunes of the U.S. presidential race. Armed with the confidence bestowed by a healthy job market, consumers look set to make this holiday season their own. A report released earlier in the day by the Bureau of Economic...
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Mizuho's Take On Retail REITs Following ICSC Convention
Thursday, May 26, 2016 - 2:20pm | 356The recent market volatility in the retail REIT space could be an overreaction to sluggish sales numbers from big-name retailers such as Macy’s, Inc. (NYSE: M) and Kohl’s Corporation (NYSE: KSS). After attending the ICSC annual convention in Las Vegas, Mizuho analyst Haendel St. Juste...
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Dow Suffers Worst One-Day Performance In 2014, Volatility Returns To The Markets
Thursday, October 9, 2014 - 4:55pm | 2188U.S. stocks plunged with the Dow, shedding more than 300 points, suffering the worst single day performance of the year. Despite the 300-plus point loss, both the S&P 500 and Nasdaq saw higher losses on a percentage basis as the CBOE Volatility Index surged over 24 percent to 18.76....
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Holiday Spending Forecast At Highest Level In 3 Years
Thursday, October 9, 2014 - 10:51am | 237Growth in jobs and personal income should help boost holiday spending to its highest level in three years, the International Council of Shopping Centers said Thursday. The group expects shoppers will spend $488.6 billion in the November through January period, up 4 percent from last year, according...
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April Retail Sales Disappoint
Tuesday, May 13, 2014 - 1:12pm | 220Tuesday morning was a big day for retail, as the Census Bureau retail measurements, ICSC-Goldman retail survey and Redbook results were all released. According to the Census Bureau, there was no sales growth for April while economists expected a 0.6 percent increase. The lack of growth is also...
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HR 4213 and the Carried Interest Debate
Wednesday, June 2, 2010 - 6:00am | 2184In the earlier post regarding Sarah Palin’s train-wreck of a speech at ICSC REcon 2010, I mentioned that she should have talked about the legislation making its way through Congress that could potentially subject carried interest to the normal tax rate (currently 35%, could...
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Sarah Palin Speaks at ICSC, Fails Epically
Tuesday, May 25, 2010 - 6:00am | 2198As colleges around the United States hold their commencement ceremonies, there is always a lot of talk about keynote speakers. For example, Michigan had Barack Obama, NYU chose Alec Baldwin, and Tulane welcomed Anderson Cooper. A great many high profile people are in high demand...