Monday, July 15, 2013

Google Alert - retail news

News25 new results for retail news
 
Retail Sales in US Increased Less Than Forecast in June
Bloomberg
Retail sales rose less than forecast in June as demand cooled at building materials outlets and restaurants, showing the biggest part of the U.S. economy lacked momentum as the second quarter drew to a close. The 0.4 percent gain followed a 0.5 percent ...
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Canada's biggest retailers Loblaw and Shoppers Drug Mart in $11.9 bn merger
domain-B
Loblaw Cos Ltd, Canada's biggest food retailer, today said that it will spend C$12.4 billion ($11.9 billion) to buy the country's largest pharmacy chain Shoppers Drug Mart Corp in order to better compete with Wal-Mart Stores and Target Corp. Loblaw ...
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Gold rebounds after U.S. retail data weighs on dollar
Business Standard
LONDON (Reuters) - Gold rebounded from earlier losses on Monday, as the dollar pared gains after weaker-than-expected U.S. retail sales could dampen prospects of a tapering in Federal Reserve stimulus. Gold reached a near three-week high after Fed ...
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Modest rise in US retail sales offers cautionary note
Reuters India
WASHINGTON (Reuters) - U.S. retail sales rose less than expected in June, the latest sign of a slowdown in economic growth that could argue against the Federal Reserve's plan to start trimming its monetary stimulus later this year. While other data on ...
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Retail stores track consumers' smartphones through Wi-Fi
RT (blog)
Many US retailers use a variety of sales-boosting strategies, including tracking shoppers in stores. Retailers can track individuals' movements throughout the store, sensors collecting information from smartphones as they connect to Wi-Fi, NYT reports.
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US retail sales rise less than expected, building materials fall
Reuters
WASHINGTON, July 15 (Reuters) - U.S. retail sales rose less than expected in June, adding to signs of a slowdown in economic growth that could argue against the Federal Reserve's plan to start trimming its monetary stimulus later this year. The ...
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US retail sales rise 0.4 percent in June on autos
New Zealand Herald
The Commerce Department said Monday that retail sales rose 0.4 percent in June from May, after a 0.5 percent increase the previous month. The June gain was largely because of a 1.8 percent increase in auto sales, the biggest since November. Higher gas ...
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Retail sales rise 0.4 percent in June on autos
CBS News
WASHINGTON Americans spent more at retail businesses in June, buying more cars and trucks, furniture and clothes. But consumers cut back on many other purchases, a mixed sign for economic growth. The Commerce Department said Monday that retail ...
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US Retail Sales Rise 0.4%, Stocks Drift Lower
123Jump.com
10:50 AM New York – U.S. stocks drifted lower after retail sales were lower than expected and China reported economic expansion of 7.5%. Industrial production in China increased 8.9%, slowest since 2009. Metal prices rose and energy prices traded higher.
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Treasuries Rise on Retail Data as Stocks Fluctuate, Dollar Gains
Businessweek
Ten-year Treasuries rose for the fifth time in six sessions following slower-than-forecast growth in retail sales. U.S. benchmark stock indexes fluctuated near record levels while commodities fell. Ten-year U.S. Treasury yields fell three basis points ...
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Retail Sales Disappoint
Zacks.com
The stock market today has to contend with not-so-bad data out of China, but decidedly bad Retail Sales numbers on the home front. Investors will be looking for the market to build on last week's record close as the Q2 earnings season gets into high ...
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SRS to demerge cinema and retail division
VC Circle
Diversified consumer services firm SRS Ltd, which has exposure to hospitality, entertainment and retail businesses, has decided to demerge its cinema exhibition and retail division under two wholly owned subsidiaries-SRS Cinemas and Entertainment Ltd ...
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National Retail Properties, Inc. Increases Common Dividend
Sacramento Bee
ORLANDO, Fla., July 15, 2013 -- /PRNewswire/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 40.5 cents per share payable August 15, 2013 to common shareholders ...
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US retail sales fall short of forecasts
Financial Times
US retail sales fell short of expectations in June as demand at restaurants and building materials shops slowed, pointing to a weaker US economy in the second quarter. The 0.4 per cent uptick last month followed a downwardly revised 0.5 per cent ...
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TREASURIES-Prices gain after retail sales disappointment
Reuters
Prices gain after weak retail sales data * Fed buys $916 million bonds due 2023-2031 * Bernanke testimony on Wednesday next focus By Karen Brettell NEW YORK, July 15 (Reuters) - U.S. Treasuries prices rose Monday after retail sales increased less than ...
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Lackluster Retail Sales May Cool Sector ETFs
ETF Trends
However, consumer discretionary ETFs were sluggish Monday after the Commerce Department said retail sales rose 0.4% last month, less than economists had forecast. Auto sales and rising gas prices were responsible for much of the increase in overall ...
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US: Retail Sales up 0.4% in June
FXstreet.com
FXstreet.com (Edinburgh) -The Commerce Department has informed that US retail sales have expanded 0.4% on a monthly basis during June. Ex autos, sales came in flat. Both prints missed previous estimates at 0.8% and 0.4%, respectively.
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Forever 21 plans investing $50 mn in India to expand retail
Livemint
Chang, 58, an immigrant to the US, opened his first retail store in Los Angeles in 1984, going on to establish Forever 21 as an affordable fashion and accessories brand for young adults. The company operates in 20 markets across America, Europe, Latin ...
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Blackstone bout of retail therapy
The Australian
The Home HQ Nunawading deal brokered by Simon Rooney, head of Australian retail investments for Jones Lang LaSalle, was struck at a 10.7 per cent market capititalisation rate and reflected an initial fully leased yield of 11.3 per cent. The centre was ...
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Retail Sales Miss Dampens Enthusiasm
FXstreet.com
The June advanced retail sales data was pretty disappointing. The shortfall was largely due to a much-smaller-than-expected rise in the gasoline station and to an unexpected drop in the building materials sector. Sales of building materials fell by the ...
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Crude Fluctuates as Manufacturing Expands Amid Retail Slowdown
Businessweek
West Texas Intermediate crude was little changed as manufacturing in the New York region expanded in July at the fastest pace in five months and U.S. retail sales rose less than projected in June. Prices fluctuated as the Federal Reserve Bank of New ...
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How retail brands thrive in fast-changing global arena
eProp.co.za
"The topics at this year's congress speak to the current reality of many countries and specifically the retail sector, which are not unique to South Africa. Looking at the caliber of speakers, I believe that great insights will be garnered by the ...
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Retail Sales Rose in June but Come Up Short
HispanicBusiness.com
Retail and food-service sales rose 0.4 percent in June to $422.8 billion, the U.S. Census Bureau said Monday. The climb fell short of the 0.5 percent gain in May and was half what economists had predicted. Sales adjusted for seasonal variations, but ...
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June Retail Sales Below Wall Street Estimates
TheStreet.com
NEW YORK (TheStreet) -- U.S. food and retail sales rose 0.4% in June from May to $422.8 billion, according to the latest Commerce Department figures released on Monday, below Wall Street expectations of a 0.8% rise, according to Thomson Reuters.
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Market overview: US retail sales disappoints, Citi beats forecasts
ShareCast
1400: Futures Stateside are pointing to a positive start on Wall Street in half an hour after Citigroup joined other banks to beat forecasts with its quarterly results. Investors seem to be shrugging off disappointing retail sales figures for June ...
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