Monday, April 16, 2012

Google Alert - retail news

News24 new results for retail news
 
Dow gains on retail sales but Apple bites Nasdaq
Economic Times
NEW YORK: The Dow rose on Monday as robust US retail sales data helped large-cap consumer stocks, but a 4 percent slide in Apple hurt the Nasdaq. US retail sales for March shot up 0.8 percent, sharply higher than the forecast, pushing Procter & Gamble ...
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Retailers driving rise in veggie prices?
Times of India
That's because while retail prices have soared by Rs 5 to 10 per kg in the past month, mandi officials say there has been no comparable rise in wholesale rates. Not for the first time, say wholesale market officials, retailers are driving the rise in ...
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US economic outlook brightens as retail sales rise
BusinessWeek
Retail sales rose 0.8 percent in March, the Commerce Department said Monday. The gain capped a strong quarter for retail spending, which is contributing to a brighter outlook among economists for growth in the January-March quarter.
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Oil Trades Near Two-Day High in New York on Retail Sales
Bloomberg
Oil traded near the highest close in two days in New York after a bigger-than-projected gain in retail sales boosted speculation that a recovering US economy may bolster fuel demand in the world's biggest crude consumer. Futures were little changed ...
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Wall St to open higher after retail sales, Citi
Moneycontrol.com
By Chuck Mikolajczak NEW YORK (Reuters) - Wall Street was poised for a higher open on Monday after the worst weekly drop for the S&P 500 this year as US retail sales in March and Citigroup earnings topped expectations. The benchmark S&P index fell 2 ...
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Moneycontrol.com
Retail power slow to make inroads despite nuclear crisis
The Japan Times
By HIROKO NAKATA Regional utilities have long dominated the power market, but companies and local governments are starting to get interested in new retailers offering much cheaper rates. Ever more costly: The Sakaiminato power station run by Kansai ...
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The Japan Times
Retail sales shoot up in Chicago area
Chicago Tribune
Retail sales in the Chicago area rose 5 percent in 2011 to $101.5 billion, the biggest year-over-year sales gain since 2006, according to a report released Monday by Melaniphy & Associates Inc., a Chicago-based retail and real estate consultancy.
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A million jobs 'lost in five years'
The Press Association
Almost a million jobs have been lost since 2007 in sectors such as manufacturing, retail, hotels and restaurants, which traditionally appeal to young people, according to a new study. Research by the TUC found that finance and business services were ...
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FDI in multi-brand retail to go ahead
Times of India
LONDON: Foreign Direct Investment (FDI) in multibrand retail will go ahead, said commerce and industry minister Anand Sharma. "It is unfortunate that the matter got trapped in partisan politics. But we haven't gone back, there is only a pause.
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Most Japan Stocks Rise as US Retail Sales Top Estimates
Bloomberg
Japanese stocks rose, paring yesterday's losses, after a bigger-than-expected increase in US retail sales countered lingering concern Europe's crisis is spreading ahead of a Spanish debt auction today. Nissan Motor Co., a carmaker that gets 33 percent ...
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Singapore Stocks-May rise on US retail data
Reuters
SINGAPORE, April 17 - Singapore shares may open slightly higher on Tuesday, in line with other Asian markets, as better than expected US retail data boosts sentiment. But renewed concerns over Spain's debt situation are likely to keep gains in check.
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Japan Stock Futures Unchanged on U.S. Retail, Europe Debt
Bloomberg
Japanese stock futures were little changed after a bigger-than-expected increase in US retail sales countered lingering concerns that Europe's sovereign-debt crisis is spreading. Australian equity futures rose. American depositary receipts of Canon ...
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Retail spending jumps despite high gas prices
Palm Beach Post
latest money news » From The Post and AP By Emily Roach George Lott can attest that sunny weather turns boaters and fishermen into buyers, giving a solid boost to March retail sales for his North Palm Beach shop and businesses nationwide.
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Summary Box: Higher US retail sales boosts outlook
Sacramento Bee
The increase capped a quarter of solid retail sales gains. MORE RESTOCKING: Businesses responded by steadily restocking their shelves, a sign they expect the spending trend to continue. More spending also helped offset a decline in confidence among ...
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Retail sales lift Dow; Apple bites Nasdaq
Newsday
Click here Print Aa Retail sales lift Dow; Apple bites Nasdaq Originally published: April 16, 2012 8:16 AM Updated: April 16, 2012 6:22 PM The Dow rose Monday as robust US retail sales data helped large-cap consumer stocks, but a 4 percent slide in ...
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Newsday
Sterling selling retail locations to Town Shoes for $17.5 million
CanadianBusiness.com
By The Canadian Press | April 16, 2012 VANCOUVER - Town Shoes Ltd. is acquiring a substantial portion of Sterling Shoes Inc.'s remaining retail locations operating under the Sterling Shoes, Shoe Warehouse and Freedman banners, for about $17.5 million.
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Retail Properties Of America, Inc. Not Affected By Best Buy Store Closings ...
TheStreet.com (press release)
By Business Wire 04/16/12 - 06:15 PM EDT Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") announced today it is not affected by the Best Buy store closings released Saturday, April 14, 2012 by Best Buy. "We are pleased that our locations ...
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Residential property improves, retail languishes
Business Spectator
Demand for residential property in Sydney, Melbourne and Brisbane is expected to pick up slowly next year while retail property languishes at the bottom of the cycle, a survey shows. An Australian Property Institute (API) survey of more than 30 ...
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RETAIL: Best Buy to close two Inland stores
Press-Enterprise
There are still 15 Best Buy storefronts in the Inland region including one of the retailer's new mobile specialty stores in Victorville. Near the closed locations is a store off Day Street near the Moreno Valley Mall and in Rancho Cucamonga.
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Press-Enterprise
Retail Sales Advance, Other Indicators Are Mixed
NASDAQ
Retail and food service sales increased 0.8% from February to a seasonally adjusted $411.07 billion, the Commerce Department reported Monday. Sales were up 6.5% year-to-year. That beat expectations. Economists surveyed by Dow Jones Newswires had ...
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Paulson Capital Corp. Closes Previously Announced Transfer of Retail Business ...
MarketWatch (press release)
PORTLAND, Ore., Apr 16, 2012 (GlobeNewswire via COMTEX) -- Paulson Capital Corp. (UTD:PLCC) announced it has closed the previously announced sale of the retail operations of its wholly owned subsidiary, Paulson Investment Company, Inc. ("Paulson ...
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China 50 abounds with potential
China Daily
By Hu Yuanyuan (China Daily) Retail property remains the darling of investors as authorities continue their rigorous policies in the residential sector, but more eyes are turning to the country's second- and third-tier cities, analysts have said.
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China Daily
Overseas travel affects retail spending
Jeweller Magazine
While overall retail spending posted a growth of five per cent over the last 12 months, most of that can be attributed to food sales. According to the Australian Bureau of Statistics (ABS) report, clothing and accessory (including jewellery) retailing ...
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Sterling selling retail locations to Town Shoes for $17.5 million
Winnipeg Free Press
VANCOUVER - Town Shoes Ltd. is acquiring a substantial portion of Sterling Shoes Inc.'s remaining retail locations operating under the Sterling Shoes, Shoe Warehouse and Freedman banners, for about $17.5 million. The deal between Town and insolvent ...
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