Tuesday, March 13, 2012

Google Alert - retail news

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US Feb retail sales rise largest in five months
Livemint
Washington: US retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more for gasoline, government data showed on Tuesday. Total retail sales increased ...
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Fed meeting starts as retail sales perk up
Reuters India
In the latest release pointing to strength following last week's firm reading on employment, US retail sales climbed 1.1 percent in February, the biggest gain in five months. Still, the US central bank is likely to remain concerned by an unemployment ...
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Wall St opens higher on euro-zone, retail sales
Moneycontrol.com
By Chuck Mikolajczak NEW YORK (Reuters) - US stocks rose at the open on Tuesday on easing concerns about the euro-zone's economy and after a report showed better-than-expected US retail sales last month. Investor sentiment about economic prospects in ...
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Moneycontrol.com
Tata Housing launches its retail brand 'GoodLife' at Boisar
Economic Times
MUMBAI: Tata Housing Development Company, the real estate arm of Tata Group, launched its first pan-India retail brand 'GoodLife', which is designed specailly to bring mall culture to urban localities, where there are no malls.
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US Stocks Push Higher After Retail Sales Data
Wall Street Journal
By Chris Dieterich and Matt Jarzemsky NEW YORK (Dow Jones)--US stocks rose after firm readings on domestic retail sales and small-business optimism, as the Dow looked poised to extend gains for a fifth-straight session. The Dow Jones Industrial Average ...
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Retail Data Boost Dollar
Wall Street Journal
By JAVIER E. DAVID And EVA SZALAY NEW YORK—Strong US retail sales data helped propel the dollar to its highest level in nearly a year against the yen and a near one-month high against the euro Tuesday, underpinned by growing expectations that the ...
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UK single brand fashion retailers wooing Indian partners
Hindu Business Line
Hundred per cent FDI in single brand retail has been allowed. But UK-based fashion brands would rather enter the Indian market in partnership with local companies. Single Brand retailers like Ringspun, Luke, Elvis Jesus, Religion, Pretty Green, ...
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Apple, Ford and JCPenney: In Retail Old Ideas Are New Again
Forbes
"Go back to the first retailer who really understood smart retailing, it was Henry Ford who said, 'if we asked our customers what they wanted they would have said faster horses,'" said Sharon Love, CEO of TPN, a retail marketing consultancy.
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Crude Rises as Retail Sales and Equities Gain, Signaling Economic Growth
Bloomberg
Oil rose after US retail sales increased by the most in five months and equities gained, signaling stronger growth and higher demand. Crude advanced as much as 0.9 percent as retail sales rose 1.1 percent in February, the Commerce Department said.
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TSX up amid US retail sales data, traders look to Fed rate announcement
Toronto Star
Malcolm Morrison The Canadian Press TORONTO—The Toronto stock market was slightly higher Tuesday following a strong US retail sales number. The S&P/TSX composite index gained 10.6 points to 12438.61 and the TSX Venture Exchange gained 1.54 points to ...
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Retail sales: Recovery hopes persist
MarketWatch
By MarketWatch Retail sales rose 1.1% in February, the fastest in five months, the Commerce Department reported Tuesday. There were also upward revisions made to December and January results, which added to the upbeat mood. February's gains were across ...
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US Stocks Rise on Retail Sales Growth
BusinessWeek
By Rita Nazareth on March 13, 2012 US stocks advanced, sending the Dow Jones Industrial Average toward the highest level since 2007, as retail sales rose by the most in five months and as investors awaited a Federal Reserve decision on interest rates.
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FSA slams "aggressive" selling of retail investments
Financial Times
By Brooke Masters, Chief Regulation correspondent The UK financial services industry "destroys trust" by aggressively selling complex, expensive products to retail investors and must do a better job of putting customers interests first, the Financial ...
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Oil rises as economic data fuels growth talk
Reuters
* Improving German sentiment supportive to oil * US February retail sales up, lifts dollar, Wall St. * Dollar strength briefly curbed oil price rise * Coming up: API oil data at 4:30 pm EDT (Recasts, updates prices, market activity) By Robert Gibbons ...
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Treasury 10-Year Yields Reach 7-Week High Before Fed as Retail Sales Rise
BusinessWeek
By Susanne Walker on March 13, 2012 Treasuries (YCGT0025) fell, pushing 10-year yields to the highest in seven weeks, as a gain in US retail sales boosted optimism the economy is strengthening and eased bets the Federal Reserve will favor more asset ...
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Senior Retail Industry Executive David Campisi Joins RYU Board of Directors
MarketWatch (press release)
LAS VEGAS, NV, Mar 13, 2012 (MARKETWIRE via COMTEX) -- Today, Respect Your Universe, Inc. (RYU) (OBB:RYUN) , http://www.ryu.com/ , is pleased to announce that Senior Retail Industry Executive David Campisi is joining the RYU board of directors.
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US Retail Sales Rise at Fastest Pace in Five Months
123Jump.com
9:35 AM New York – US indexes traded higher after retail sales rose 1.1% in February, the fastest pace in five months. European markets were calm after Greece inches closer to winning the second bailout package. Dell agreed to acquire SonicWALL.
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Ahead of the Bell: US retail sales
Boston.com
WASHINGTON—A stronger US job market is boosting consumer confidence and likely led to more retail spending in February. Economists expect that retail sales rose a solid 1 percent in February, according to a survey by FactSet.
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Pop-up shops bolster retail strips
Sydney Morning Herald
It also gives the retailers a low-cost way to show their wares and test a new outlet without the heavy overheads of a long-term lease. The concept works, says a new study. CBRE's Retail MarketView report shows that pop-up shops have helped fill vacant ...
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Sydney Morning Herald
Wren Launches New Retail Audit Software with Encapsulon Assessment
MarketWatch (press release)
ATLANTA, March 13, 2012 /PRNewswire via COMTEX/ -- Wren Solutions today announced the launch of its retail audit software offering, Encapsulon® Assessment(TM), as well as a new customer relationship with Big Y®, a supermarket chain operating 61 stores ...
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Retail is dead, long live retail
Fortune
By Neil Parker, chief strategy officer, Co Collective FORTUNE -- Just a few months ago, I witnessed retail's present and future collide in a Best Buy (BBY). It was ugly. A twenty-something couple fiddled around with the flat screen TVs on display; ...
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Fortune
Online future for retail
Stuff.co.nz
Retailers will need to be more digitally savvy to remain relevant to shoppers, a visiting expert believes. Gwen Morrison, chief executive of Chicago-based retail think tank The Store told 600 retailers at a Westfield breakfast in Auckland yesterday ...
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Fitch: Mixed Results for US Retail Card ABS; Prime Continues Momentum
MarketWatch (press release)
NEW YORK, Mar 13, 2012 (BUSINESS WIRE) -- With no near term challenges evident on the horizon, US prime credit card ABS performance improved yet again last month, while retail card results came in mixed, according to the latest index results from Fitch ...
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Futures Rally Behind February Retail Sales; Dell, GNC Holdings, and Urban ...
Forbes
Futures on the Dow Jones Industrial Average (DJIA) are indicating a potential gain of about 70 points on the open this morning, as Wall Street digests February retail sales data ahead of a monetary policy decision from the Federal Open Market Committee ...
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Forbes
Car deals help boost US retail sales
Financial Times
By Anjli Raval in New York Retail and food services sales rose 1.1 per cent to $407.8bn from the previous month, just below initial forecasts of a 1.2 per cent rise by Bloomberg analysts. The sales number represented a 6.5 per cent rise from February ...
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Australian retailers most pessimistic
Adelaide Now
The retail market slowdown has come as the effects of financial stimulusmeasures start to wear off the Australian economy. Picture by SarahRhodes Source: The Australian A private sector survey shows retailers remain moribund amid significant lifts in ...
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Mexico Peso Fluctuates as Traders Weigh Fed, U.S. Retail Sales
Bloomberg
Mexico's peso swung between gains and losses as investors weighed speculation US policymakers won't take additional steps to boost growth this year against a retail-sales pickup in the Latin American country's biggest trading partner.
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Asian Stocks Rise on Greek Aid Optimism, Before U.S. Retail Data
San Francisco Chronicle
March 13 (Bloomberg) -- Asian stocks rose, with the benchmark index set to gain for a third day in four, amid optimism euro-area finance chiefs will complete a second Greek bailout, and before the release of US retail sales data.
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Retail Boosts Dow Past 13000
DailyFinance
Boosted by strong retail sales data that topped expectations, all three of the major indexes are up. With the Federal Reserves' Open Market Committee meeting today, that may not remain the case, but for now this is how the indexes are faring.
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BASE METALS: Copper Gains On US Retail Data; FOMC, China Eyed
Wall Street Journal
By Leslie Josephs Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Copper futures rose Tuesday as US retail sales in February grew at the fastest pace in five months. The most actively traded contract, for May delivery, was recently up 4.10 cents, or 1.1%, ...
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Canadian dollar rises: oil and metals advance following solid retail figures
Winnipeg Free Press
TORONTO - The Canadian dollar was higher at midday Tuesday, supported by rising commodities and a solid US retail sales report for last month. Traders also looked to a mid-afternoon announcement by the US Federal Reserve, which is expected to maintain ...
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Redbook: US Retail Sales Up 0.2% In First 2 Weeks Of March Vs Feb
Wall Street Journal
Redbook said retailers reported strong sales of seasonal products, ranging from spring apparel to sports equipment and gardening tools. Many retailers expect improvement in the second half of the month due to gradually warming temperatures and the ...
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Markets May Relish Strong Retail Sales Growth
NASDAQ
Financial, real estate, retail, pharma and telecom stocks gained ground, while export stocks saw a setback after the Bank of Japan decision lent support to the yen. Australia's All Ordinaries closed at 4337, up 48.30 points or 1.13 percent, ...
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Sam's Club® and WhatToExpect.com Announce Exclusive Retail Program to Offer ...
MarketWatch (press release)
BENTONVILLE, Ark. and NEW YORK, March 13, 2012 /PRNewswire via COMTEX/ -- Sam's Club® and WhatToExpect.com, the online home to Heidi Murkoff's world-renowned What to Expect® pregnancy and parenting brand, today announced an exclusive retail program on ...
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US STOCKS-Wall St opens higher on euro-zone, retail sales
Reuters
Greece gets final OK for second bailout * German economic sentiment data tops expectations * US February retail show biggest gain in five months * Indexes up: Dow 0.4 pct, S&P 0.6 pct, Nasdaq 0.7 pct By Chuck Mikolajczak NEW YORK, March 13 (Reuters) ...
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US retail sales rise 1.1% in February
Newsday
Click here US retail sales rise 1.1% in February Originally published: March 13, 2012 8:56 AM Updated: March 13, 2012 8:59 AM By MARTIN CRUTSINGER The Associated Press Americans stepped up spending on retail goods in February, evidence that a stronger ...
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Newsday
Mid-Day Report: Dollar Extends Rally as Gold Plunges, After Solid Retail Sales
Action Forex
Additional support is given to dollar from solid retail sales data. Headline sales jumped 1.1% in February, above expectation of 1.0% and was the best number in five months. Ex-auto sales also beat expectation and rose 0.9%.
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Raymond eyes complete footprint with rural growth
Hindu Business Line
Apparel major Raymond Ltd is expanding its retail footprint across India. Expansion in the last three years has been largely in small towns, taking the brand's exclusive stores to over 200 towns. In the last three years, over 250 exclusive stores have ...
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Hindu Business Line
US pre-open: Retail sales data to give a lift
ShareCast
LONDON (SHARECAST) - A bright start is expected ahead of this evening's meeting of the Federal Open Market Committee (FOMC), after US retail sales perked up in February. The US retail sales index rose 1.1% in February, in line with expectations.
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Anti-Obesity Soda Tax Fails as Lobbyists Spend Millions: Retail
Bloomberg
Emile Wamsteker/Bloomberg Soft drinks at a Dollar General Corp. store in Saddle Brook, New Jersey. Last month, Hawaii lawmakers killed a proposed tax that would have added 17 cents to a single-serve bottle of soda. It was the second failed attempt, ...
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Bloomberg


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