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Spooktacular Halloween NRF Data: Spending On Tricks And Treats To Reach $83/Ghoul
Tuesday, September 27, 2016 - 1:54pm | 275A recent National Retail Federation survey indicated that over 171 million people in the United States plan to celebrate Halloween in the current year. That means 69.1 percent of the surveyed Americans will celebrate, while the remaining 30.9 percent people are not planning to join the rest. The...
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NRF Predicts 3.7% Increase In Holiday Sales This Year, Significantly Higher Than 10-Year Average
Thursday, October 8, 2015 - 10:52am | 476The National Retail Federation (NRF) is projecting holiday sales will increase 3.7 percent from a year ago. Shares of the Retail ETF, SPDR S&P Retail (ETF) (NYSE: XRT) gained more than 1 percent Thursday morning while the SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.2 percent...
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Cantor Fitzgerald: Cyber Five Results Bode Well For E-Commerce Group, But Omnichannel Retailers Stand Out
Wednesday, December 3, 2014 - 11:13am | 278Youssef Squali commented in a note on Wednesday that Cyber Monday results showed decelerating growth over the prior days but looking at the entire Thanksgiving five-day period, data points indicate a “very positive” read. According to Adobe Cyber Monday sales were up 16 percent from...
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Citigroup Thinks Best Buy, Dick's Sporting Goods Are 'Well Positioned To Outshine'
Tuesday, November 25, 2014 - 3:13pm | 348As Black Friday is just a few short days away, Kate McShane of Citigroup commented that Best Buy Co Inc (NYSE: BBY) and Dick's Sporting Goods Inc (NYSE: DKS) are both "well positioned to outshine this holiday." "Our store checks and industry conversations indicate that...
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Holiday Retail Forecast 2014 Part I: Industry Predictions And The Importance Of Omni-Channeling
Wednesday, October 15, 2014 - 10:13am | 572For more, see Part II of this story. The holiday shopping season is the retail industry’s bread and butter. Those few weeks — accounting for nearly 40 percent of most stores’ annual sales — are rapidly approaching. As retailers begin to tighten their marketing and...
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...
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Will Cyber Monday Save the Holiday Season for Retailers?
Monday, December 2, 2013 - 1:10pm | 595Black Friday may be deeply ingrained in the American shopping psyche, but Black Friday sales this year were relatively weak according to The National Retail Federation. NRF said compared with last year, consumers spent about four percent less over the holiday weekend this year – despite the...