Tuesday, August 14, 2012

Google Alert - retail news

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Retail Sales in US Jumped More Than Forecast: Economy
Bloomberg
Retail sales in the U.S. rose more than forecast in July, reflecting broad-based gains that ease concern elevated unemployment will cause consumers to retrench. The 0.8 percent advance, the biggest since February and first gain in four months, followed ...
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US Retail Sales Soothe Recession Fears
Wall Street Journal
Consumers started the third quarter with a bang, increasing spending at the fastest pace since February and easing what had been growing fears that the still-tough job market and weakness in overseas economies were pushing the U.S. closer to recession.
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Wall Street Journal
Wall Street rises after retail data, Home Depot profit
Economic Times
NEW YORK: Wall Street advanced on Tuesday after retail sales data suggested consumer spending may lift economic growth and Home Depot raised its profit forecast, saying it saw improvement in the housing market. Both Home Depot's earnings and the ...
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Gold down as US retail sales dampen easing hopes
Economic Times
NEW YORK: Gold prices fell about 0.5 per cent on Tuesday as healthy US retail sales data prompted bullion investors to scale back their bets based on expectations of imminent stimulus from the Federal Reserve. Platinum group metal prices rose on supply ...
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Gold drops below $1600/oz after US retail sales data
Economic Times
LONDON: Gold prices fell nearly 1 per cent on Tuesday, with a breach of support near $1605 an ounce triggering technical selling, after forecast-beating US retail sales data dampened speculation of another round of monetary easing and lifted the dollar.
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FDI in single brand retail: 63 foreign proposals approved, says KV Thomas
Economic Times
The single brand labels which plan to strengthen include Dolce and Gabbana, Christian Dior Couture, Marks and Spencer, Louis Vuitton and Hermes International have been approved under the single-brand retail trade. In January this year, India hiked the ...
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Agrium retail business Jana's true target
Globe and Mail (blog)
Agrium management has invested more than $6-billion in its retail division, which sells agricultural crop input products to individual farms, in an effort to stabilize the company's earnings growth. Previously, Agrium's dependence on wholesale ...
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Globe and Mail (blog)
Stocks rise on US retail sales rebound
MSN Money
Investors were paying much closer attention to the government's report on July retail sales than to Groupon's problems, and the major averages are higher. The Commerce Department said that retail sales were up 0.8% in July, the first gain after four ...
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MARKET COMMENT: Growth, US Retail Data Send Europe Stocks Higher
Wall Street Journal
LONDON (Dow Jones)--European stocks closed at a level not seen in almost five months on Tuesday, as most bourses rose after better-than-expected data on German growth and U.S. retail sales. The Stoxx Europe 600 index rose 0.7% to 270.54, its highest ...
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Oil Rises as US Retail Sales Beat Forecasts
Businessweek
Prices climbed after the Commerce Department reported retail sales increased 0.8 percent, the first gain in four months and more than the 0.3 percent estimated by economists polled by Bloomberg. Germany's gross domestic product rose 0.3 percent from ...
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Retail Sales Good for Reality, Bad for QE Trade, Gold
Wall Street Journal (blog)
This morning's better than expected retail sales number is having a number of ramifications: it's good for fundamental considerations, but it's bad for speculators in the QE trade and in gold. Retail sales in July rose 0.8% from June, the first rise in ...
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Wall Street Journal (blog)
Positive Retail Sales Report Isn't Winning Over Skeptics
Wall Street Journal (blog)
Retail sales, which account for about two-thirds of demand in the U.S. economy, have had a bumpy ride this year. Spending helped the recovery earlier this year, but consumers became more reluctant to spend during the spring and summer months amid high ...
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Wall Street Journal (blog)
LMG Retail to market US cosmetic brand
Hindu Business Line
In Chennai, LMG Retail opened its first Seacret shop at Express Avenue mall, and second one is coming up at the city's posh locality Khader Nawas Khan Road, where it proposes to have a spa too. "A few more shops are in the pipeline. We will soon expand ...
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Hindu Business Line
TSX rises as retail sales jump
Reuters Canada
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index opened higher on Tuesday as U.S. retail sales rose for the first time in four months, buoyed by an uptick in consumer spending that could spur economic growth. The U.S. data bolstered the ...
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US Stocks Advance as Retail Sales Beat Forecasts
Businessweek
U.S. stocks advanced, sending the Standard & Poor's 500 Index to its seventh gain in eight days, amid retail sales that rose more than forecast and better-than- estimated economic data in Germany and France. Estee Lauder Cos. (EL) gained 7.2 percent ...
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Rising retail sales lift US stocks higher
Ninemsn
US retail sales rose by a better-than-expected 0.8 per cent in July, breaking a three month losing streak and offering hope of faster growth in the third quarter, official data showed. Also helping was data showing the eurozone contracted by 0.2 per ...
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Quality Malls: Retailers want open stores only in high quality spaces
Economic Times
Planet Retail, for instance, has been unsuccessfully scouting for a 25000 sq ft space to add another Debenhams store in the Delhi-NCR region for the last year and a half. "No quality mall is available and whatever space is coming, I have to wait for ...
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Retail Sales Report Stings Treasury Bonds
Wall Street Journal
Treasury bonds fell Tuesday as a better-than-expected retail sales report sapped demand for safe assets. U.S. retail sales rose by 0.8% in July, much higher than 0.2% forecast by economists. Signs of some improvement in consumer spending soothed some ...
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US futures rise ahead of retail sales report
Economic Times
Economists expect the government to report that retail sales rose 0.3 per cent last month. The report offers the first peek into the status of the American economy each month. Spending by consumers accounts for around 70 per cent of economic activity.
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Retail results show economic bright spot
Financial Times
US government figures published on Tuesday showed a rebound in retail sales in July, which grew by 0.8 per cent from June, the first increase in four months. Copyright The Financial Times Limited 2012. You may share using our article tools. Please don ...
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Loonie moves higher on strong US retail data
National Post
TORONTO — The Canadian dollar was higher Tuesday morning, supported by higher commodities after Germany posted better-than-expected economic growth for the second quarter while U.S. retail sales data also beat forecasts. The loonie was ahead ...
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National Post
US stocks jump on retail sales report, world stocks higher
Rochester Democrat and Chronicle
NEW YORK (AP) — Stocks were higher in morning trading Tuesday after a surprisingly strong retail sales report for July. Retail sales rose by the largest amount in five months as Americans spent more on cars, furniture and clothes. The retail sales ...
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Europe, Retail Gaining Traction? - Analyst Blog
NASDAQ
Following some decent earnings numbers from a few of the U.S.'s top retailers, we also received good economic data this morning. The Producer Price Index (PPI) reported up 0.3%, which was as expected, but 0.4% subtracting food and energy costs, which ...
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Dollar Hits Nearly One-Month High vs Yen After Retail Sales Report
Wall Street Journal
By Stephen L. Bernard. The dollar climbed to its highest level against the yen since July 18 after a much better-than-expected report on U.S. retail sales in July. The dollar traded as high as Y78.94. It was most recently at Y78.89, compared with Y78 ...
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U.S. Credit Swaps Fall as Retail Sales Rise More Than Forecast
Bloomberg
A benchmark gauge of U.S. company credit risk declined after data showed U.S. retail sales rose for the first time in four months, while Germany's economy slowed less than estimated and France averted a contraction. The Markit CDX North America ...
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US: Retail Sales up 0.8% in July
FXstreet.com
... strong US retail sales dampen QE hopes · US stocks edge higher after retail sales. FXstreet.com (Barcelona) - The Commerce Department has informed that US retail sales have expanded 0.8% MoM during July. Ex autos, sales have also advanced 0.8%.
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FXstreet.com
Treasurys fall after retail sales, PPI
MarketWatch
By Deborah Levine and Greg Morcroft, MarketWatch. SAN FRANCISCO (MarketWatch) — U.S. Treasury prices fell Tuesday, pushing yields up the most in about two weeks, after stronger-than-expected U.S. data on retail sales and wholesale inflation.
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US STOCKS-Wall St set to open higher after retail sales data
Reuters UK
Home Depot rises as profit tops estimates. * Retail sales climb in July. * Groupon drops, Michael Kors surges after earnings. * Futures up: Dow 43 pts, S&P 4.9 pts, Nasdaq 11.3 pts. By Chuck Mikolajczak. NEW YORK, Aug 14 (Reuters) - U.S. stocks were ...
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US retail sales rise 0.8% in July
CBC.ca
Hopes that the U.S. economy may emerge from its slump got a lift Tuesday from a report that Americans increased their spending at retailers in July by the most in five months. From cars, electronics and sporting goods to furniture, building supplies ...
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CBC.ca
Data: Retailers give their verdict on the Olympics
Retail Week
Retailers including Sainsbury's, Lidl, 99p Stores, Hallmark and The Entertainer all said footfall and sales have increased as a result of the Olympics, although to varying degrees. Footfall in London has been volatile with shoppers staying away from ...
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Retail Week
Perfect World Jumps as Retail Sales Lift ADRs: China Overnight
Bloomberg
U.S. retail sales increased 0.8 percent in July, the first gain in four months, after a 0.7 percent drop in June, Commerce Department figures showed yesterday. Economists projected a 0.3 percent advance, according to the median forecast of 85 ...
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63 foreign proposals approved in single brand retail: Thomas
Hindu Business Line
The Government has approved 63 proposals of foreign companies, including Louis Vuitton and Marks and Spencer, for retailing in single brand in the country so far, the Consumer Affairs Minister, K V Thomas, said in a written reply to the Lok Sabha.
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CANADA FX DEBT-C$ firms on strong US retail data
Reuters
C$ at C$0.9919 vs US$, or $1.0082 * U.S. retail sales boost sentiment * Euro zone data weighs * Bond prices mostly lower By Jon Cook TORONTO, Aug 14 (Reuters) - The Canadian dollar rallied to a session high against its U.S. counterpart on Tuesday, ...
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The Dow Now: Retail Numbers Boost Blue Chip Equities as Home Depot Surges
Minyanville.com
Before the market opened today, the Commerce Department reported that US retail sales were up by 0.8% in July, reversing three straight months of declines and also beating the consensus estimate of a 0.3% increase. "It keeps us going for now. I didn't ...
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A Surprisingly Strong Retail Sales Report For July
iStockAnalyst
(By Capital Spectator) If July is supposed to be the tipping point, when the business cycle succumbs to gravity, it's not obvious in today's update on retail sales. Spending rebounded strongly last month, the U.S. Census Bureau reports. The advance ...
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iStockAnalyst
Futures Gain After Retail Sales Data; Groupon (GRPN) Plunges
iStockAnalyst
On the US economic front, the Commerce Department reported retail sales and core retail sales rose 0.8 percent for July, following declines in the previous month. Retail sales, which increased for the first time in four months, topped economists ...
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Car sales drive retail uptick
New Zealand Herald
"Still, core retail volumes [which exclude the automotive sector] posted a decent 0.9 per cent increase, which was the pace of core sales growth before the big up and down associated with the World Cup." Sales volumes in the largest category ...
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