Tuesday, May 15, 2012

Google Alert - retail news

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Retail Sales in U.S. Cool on Early Easter and Seasonable Weather
Bloomberg
Play US CPI Unchanged in April, Retail Sales Cool Retail sales rose in April at the slowest pace of the year as Americans took a break from a shopping spree induced by unseasonably warm weather in prior months and an earlier Easter holiday.
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Bloomberg
Retail sales show weak growth in April, price index flat
USA TODAY
The Commerce Department says retail sales rose a scant 0.1% April. Retail spending had risen 0.7% in March and 1% in February. Some of the drop was the result of lower gas prices. But excluding gasoline station sales, retail sales rose just 0.2%.
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USA TODAY
Pantaloon Retail Q3 net nosedives 76% to `12 cr
mydigitalfc.com
By Meghna Maiti, Meghna Maiti May 15 2012 , Mumbai Pantaloon Retail India (PRIL) reported a drastic fall in its third quarter net profit and a tepid top line growth providing more evidence that high debt and interest has slowed the company to a crawl.
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US Stock Futures Gain Ahead Of Retail Sales, Inflation Data
Wall Street Journal
By Tomi Kilgore DOW JONES NEWSWIRES NEW YORK (Dow Jones)--US stock futures gained ground, rebounding from the previous session's sharp slide, as some encouraging economic data out of Europe helped give investor sentiment a lift ahead of US retail sales ...
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Profitect's Profit Amplification Suite Helps Combat Retail's $800 Billion Problem
MarketWatch (press release)
WALTHAM, Mass., May 15, 2012 /PRNewswire via COMTEX/ -- Out-of-stock and overstock are more than just a major source of frustration for retailers. According to IHL Group, a retail analyst firm, the combined costs of out-of-stock and overstock - caused ...
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Retail stocks riding out the news
MarketWatch
By William Spain, MarketWatch WASHINGTON (MarketWatch) – A so-so April retail sales report was more than offset by flat consumer prices and a dip in the cost of gasoline that, along with some standout individual results, helped push some retail shares ...
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Murugappa group to seed Gromor Centres in TN, Maharashtra
Hindu Business Line
The Murguppa group's rural retail business, which has "more shelf space than Pantaloon", is being given a booster shot. Coromondel International, the group's flagship company that runs these agri-retail stores, is on an expansion drive and plans to ...
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Hindu Business Line
Fitch: US Retail Card Delinquencies Reach Six-Year Low
MarketWatch (press release)
NEW YORK, May 15, 2012 (BUSINESS WIRE) -- Positive movements in performance helped US retail credit card ABS maintain momentum last month, according to latest index results from Fitch Ratings. Almost every major collateral metric tracked by Fitch's ...
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Pantaloon to plug gaps in apparel portfolio, says Aditya Birla Nuvo
Livemint
Mumbai: Operational synergies at the back end and plugging gaps such as womenswear and kidswear in its apparel portfolio were the key triggers for Aditya Birla Nuvo Ltd to consider acquiring a controlling stake in the Pantaloon retail chain, ...
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Retail sales: It's payback time
MarketWatch
By MarketWatch The Commerce Department reported a meager 0.1% increase in April retail sales on Tuesday. This is a marked slowdown from a robust climb in the first three months of the year. The warm first quarter disrupted the traditional seasonal ...
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There's Retail Magic in Silicon Dust
U.S. News & World Report
By David Hatch For decades, retailers looked to the Big Apple, the international capital of fashion and advertising, for inspiration. Nowadays, the industry's axis is shifting west, to Silicon Valley, where the fresh ideas come from edgy start-ups and ...
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Will look at FDI in retail, diesel regulation says FM
Firstpost
A CNBC-TV18 exclusive story reported the finance ministry is also seriously looking at proposals of FDI in retail and diesel deregulation. They hope these two reforms will suffice to bring some cheer into a lackluster market.
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Firstpost
Bearish on Pantaloon Retail: Ashwani Gujral
Economic Times
At the moment the trend is clearly down and if it has seen some sort of a rally from the lows it still remains a short. The market is not in any kind of shape to have massive rallies on these stocks. They need a certain momentum on the upside so if ...
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Nutrisystem Expands Into Retail With New Product Line At Kroger Supermarkets
Sacramento Bee
"We have long believed that retail provides a complementary channel to our existing direct business," said Joe Redling, CEO of Nutrisystem. "The Nutrisystem brand stands for healthy, effective weight loss and weight management and the demand for ...
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Lifeway Foods Announces Major Retail Expansion
MarketWatch (press release)
The company plans increased marketing and advertising support to raise awareness with Target customers and promote sales at the retail chain. "The broader availability of Lifeway Kefir at this major retailer speaks to its growing popularity among ...
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Asian Fashion Industry Retail Sales To Reach S$10.5 Trillion In 2015
Bernama
By TENGKU NOOR SHAMSIAH TENGKU ABDULLAH SINGAPORE, May 15 (Bernama) -- The Asian fashion industry is a rapidly growing industry, with its retail sales expected to reach some S$10.5 trillion in 2015, says Minister of State for Trade and Industry, ...
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GlobalCollect Appoints Global Market Directors for Gaming and Retail Verticals
MarketWatch (press release)
AMSTERDAM, May 15, 2012 (BUSINESS WIRE) -- Effective May 1st, 2012, GlobalCollect, the world's premier payment service provider of local e-payments, announces the appointment of Pier Iberti as Global Market Director Retail, and Nathan Salisbury as ...
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TEXT-Fitch:US retail card delinquencies reach six-year low
Reuters
The heightened usage of credit cards was largely attributable to higher spending and retail sales in recent periods along with a resiliency in the face of higher gas prices over the last several months. US retail sales rose more than forecast in March ...
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Colony Tire sells retail stores to Munro Muffler
The Daily Advance
By Ritchie E. Starnes Area service center Colony Tire has agreed to sell its retail stores to Monro Muffler and Brake in exchange for the purchase of a commercial tire business. After rejecting bids from Monro for several years to part with its retail ...
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Stocks Stumble Despite Rising Retail Sales,Tame Inflation
Forbes
Stocks look to rebound today after upbeat readings on retail sales and inflation. (Image credit: Getty Images via @daylife) Stocks failed to stage a strong rebound this morning, even after upbeat readings on US spending and inflation.
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Retailers, Retail Sales Wave a Red Flag: HD, SKS, April's Total Tell the Tale
SmallCap Network
By James E. Brumley On the surface, April's retail sales figures look solid. If you dig deeper though, you'll see a red flag that names like The Home Depot, Inc. (NYSE:HD) and Saks Inc. (NYSE:SKS) are already all too aware of.... merchandise stress ...
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Rising costs: 4-month retail price freeze
The Nation
The Commerce Ministry yesterday successfully pushed for 200 manufacturers to maintain retail prices on goods for another four months - but without any supporting measures when this period expires. Commerce Minister Boonsong Teriyapirom met yesterday ...
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The Nation
Retail CFO Tweets "Good Numbers=Happy Board", Gets Fired
Barron's (blog)
By Avi Salzman Put this in the folder marked "cautionary tales." Francesca's Holdings (FRAN) CFO Gene Morphis had a lively twitter account at twitter.com/theoldcfo and often posted on a public facebook profile. On twitter, he wrote about general ...
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HP demonstrates retail commitment
Channel EMEA
"We hope to meet with all of our retailers and discuss the current business outlook and market trends while also looking at ways to maximise our approach towards profitable growth." "HP is a leading brand in the imaging and printing space offering ...
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Channel EMEA
Retailers paying more attention to data center possibilities
NJBIZ
By Katie Eder The state's growing data center market is tapping into the retail industry, as more retailers recognize the risk involved in offering mobile technology, but face increasing costs to secure it. "Many retail organizations are seeing ...
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Redbook: US Retail Sales Down 0.8% In First 2 Weeks Of May Vs April
Wall Street Journal
National chain store sales fell 0.8% in the first two weeks of May from the same period in April, according to Redbook Research's latest indicator, released Tuesday. The index's fall compared with a targeted 1.1% decline. The Johnson Redbook Index also ...
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Store employees get the biggest discounts
Vancouver Sun
Store employee discounts are alive and well in American retail, but they're not created equal. If you love designer clothes and shoes, the perk can turn your aspirational store into a more affordable place to shop. If you get a job at a teen or women's ...
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Sherbrooke, Que. residents warned to watch for blood-filled syringes in retail ...
Globe and Mail
Retailers are being urged to take extra time in the morning to check the pockets of pants before they open their doors. "But also, we're telling residents and citizens to pay attention and be careful when they shop," Const. Dubreuil said.
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Globe and Mail
Retail Earnings: SKS, DKS
Forbes
Saks (SKS) announced that it earned $32.1 million, or 18 cents per share, versus $28.4 million, or 16 cents per share, in the same period last year. Excluding construction related costs, the company would have earned 19 cents per share.
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National Retail Properties, Inc. Declares Dividend For Its 6.625% Series D ...
MarketWatch (press release)
ORLANDO, Fla., May 15, 2012 /PRNewswire via COMTEX/ -- The Board of Directors of National Retail Properties, Inc. (NYSE:NNN) , a real estate investment trust, declared a cash dividend on its 6.625% Series D Cumulative Redeemable Preferred Stock of ...
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Research and Markets: Food Retail Industry in the UAE - Porter's Five Forces ...
SunHerald.com
The UAE retail sector continues to grow, supported by the upgrading of existing retail stores and the addition of state of the art new mega retail stores. The UAE market presents retailers with diverse relatively high-income consumers.
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Retail Roundup: New Shops, Developments Coming to Area
The Charlottesville Newsplex
"We are definitely seeing a spike in retail development activity, over the past year or two," explained Mark Graham, the Community Development Director for Albemarle County. The county is looking at plans for a Fresh Market in Albemarle Square, ...
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