First-quarter GDP forecast cut after decline in U.S. retail sales  MarketWatch Source link

What’s Inside Using data from RetailNext, we analyze US retail traffic and in-store metrics in November 2023, in total and by sector, region and location type. Data in this report include: Year-over-year changes in US store-based traffic and sales for the past 13 months Year-over-year changes in US store-based nonfood retail metricsfor the past 13 […]

People carrying shopping bags walk inside the King of Prussia shopping mall, as shoppers show up early for the Black Friday sales, in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski/File Photo Acquire Licensing Rights

By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes. While the S&P 500 index ended little changed, the Amplify Online Retail ETF climbed 0.4% and the broader SPDR S&P Retail ETF gained about 0.7%. Both continued […]

November 25, 2023 | PURCHASE, NY Black Friday retail sales build on-top of double-digit growth experienced in 2022; Jewelry and Apparel top gift lists. Sporting events and restaurants factor into the traditional shopping day with E-commerce sales up +8.5% YOY. According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all […]

Black Friday shoppers walk to stores as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban

Stocks fell on Tuesday, signaling a pause in the November rally as investors awaited results from AI chipmaker Nvidia (NVDA) and the release of Federal Reserve minutes. As of mid-morning trading, the benchmark S&P 500 (

4 Hours Ago Chinese EV stocks rise; Xpeng quarterly results eyed Hong Kong-listed stocks of Chinese electric vehicle firms jumped in early afternoon trading. Shares of BYD, Nio, Xpeng and Li Auto rose between 2.47 . . .

The bad news: Consumers aren’t expected to spend more this holiday season. The good news: Our retail stocks should do well anyway. A new Morgan Stanley survey of 2,000 consumers found 37% plan to spend the same on shopping this year-end as they did in 2023, while 27% say they will spend less and 10% […]

Based on the belief that success is best when it’s shared, Starbucks is proud to further our commitment to our partners personal and professional development. For decades, Starbucks has consistently offered its hourly partners (employees) the best benefits and perks in the industry – including comprehensive medical, dental and vision coverage for eligible partners and […]

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