Thursday, December 20, 2012

Recession fears grow as retail sales flatline


Holiday spending boosts retail industry, job prospects–DOLE
Cebu Daily News
Because of strong holiday spending, the domestic retail industry is also showing strength, which means temporary holiday-season employment opportunities for jobseekers, according to the Department of Labor and Employment. With more people shopping ...
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Recession fears grow as retail sales flatline
The Times (subscription)
Retail sales failed to rise in November despite a boost from iPad minis and tablet computers, dashing hopes that consumers could shop their way out of the downturn. Retail sales volumes were flat on the month to give an annual rise of just 0.9 per cent ...
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Research: Australian consumers want retail experiences to be digital
Econsultancy (blog)
The promise of a new year has resulted in a lot of speculation about what the state of retail will look like over the next twelve months. Mobile has continually been hailed as the top trend to watch, along with an increase in the number of Aussie ...
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Econsultancy (blog)
November retail sales data disappoint
Financial Times
Retail sales failed to bounce back in November as official data showed consumer spending had provided less of a boost to the economy than analysts had hoped. The Office for National Statistics said on Thursday that the volume of goods bought, excluding ...
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UK Retail Sales Flat in November Ahead of Christmas Rush
IBTimes.co.uk
UK retail sales were flat in November on the month before, missing expectations and sounding a warning sign to beleaguered retailers that the festive period may not be the panacea they had hoped for. Office for National Statistics (ONS) data shows that ...
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IBTimes.co.uk
Forex: Canada Retail Sales Rose More Than Expected in October; CAD ...
DailyFX
Retail sales in Canada increased faster than expected in October for the fourth time, with a jump in new car sales. Ottawa-based Statistics Canada reported today that retail sales climbed 0.7 percent in October from a month ago, following a revised ...
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U.K. 10-Year Gilts Advance as Retail Sales Unexpectedly Stagnate
Bloomberg
U.K. 10-year government bonds advanced, snapping a nine-day decline, as a report showed retail sales unexpectedly stagnated in November, signaling that the economic recovery will be uneven. Gains today pushed yields down from the highest level since ...
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NL retail spending at record high
CBC.ca
This may be the peak of the Christmas shopping season, but retail spending in Newfoundland and Labrador is at an all-time high year round. In October, Statistics Canada said consumer spending was up 5.7 per cent from the same month the year before, ...
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CBC.ca
Balenciaga Is Back in Retail, With a Soho Space
New York Magazine
In the wake of Sandy, it was reported that millions of dollars' worth of artwork was damaged in the flood water that hit the strip of major galleries in Chelsea. Nestled in the art-scene cove was the sole New York satellite for Balenciaga, the avant ...
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Retail Sales Rise for the Fourth Consecutive Month
Action Forex
Canadian retail sales rose by 0.7% in October, following September's gain of 0.2%. Retail sales have been on a modest upward trajectory since the summer and have increased by roughly 2.0% since June. In real terms, sales were up a more modest 0.3% ...
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Rising retail sales defy statistics
TheChronicleHerald.ca
Since opening in 2011, the Inkwell Modern Handmade Boutique & Letterpress Studio Inc. has generated a fair amount of buzz around Halifax. That has translated into the Market Street store slowly cultivating a niche following among lovers of unique, ...
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City leaders tout developing downtown retail scene
Lincoln Journal Star
The model for downtown today is different, with unique, independent smaller shops, said Campbell, who is president of Downtown Civic Ventures, that helps retail businesses in the downtown area. Livability.com just ranked Lincoln number seven on its ...
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Parliamentary commission calls for stronger "electrified" fence between banks ...
Scotsman
While the commission supported the creation of a ringfence between retail and investment banking operations, they warned the current proposals did not go far enough and regulators should be given the power to break up banks that try to circumvent the ...
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Scotsman
IMPACT to build retail center in O'Fallon, Ill.
STLtoday.com
IMPACT Strategies, a construction management company based in Fairview Heights, says it will design and build Central Park Center in O'Fallon, Ill. Commercial Real Estate Investors, the project's developer, has gained O'Fallon approval to build the ...
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