Monday, July 16, 2012

Retails Sales

  • WASHINGTON — Americans cut their spending at retail businesses in June for a third straight month, as a weak job market has made consumers more cautious. Retail sales fell 0.5 percent in June from May, the Commerce Department said Monday.
  • (Huffington Post)
  • Retail sales declined for the third month in a row, as consumers grow increasingly concerned over the weakening economic situation in the United States and Europe. Overall retail sales in June fell 0.
  • (WISN.com)
  • Partly offsetting the negative Retail Sales report is the modestly positive Empire State manufacturing survey for July and the better than expected earnings report from Citigroup ( C) this morning.
  • (Economic Highlights - NASDAQ)
  • Heavy discounting and promotions at department stores helped pull in cash-strapped consumers and push up retail sales last month, official figures showed today. Retail sales volumes increased 1.4% in May, following a revised 2.
  • (The Independent)
  • IMF will release its world economic outlook on Monday. Also due Monday are retails sales for June. On Tuesday the Consumer Price Index is out. On Wednesday, the Federal Reserve will release its Beige Book, a survey of regional economic conditions.
  • (CRIENGLISH.com)
  • While the global recession is still a threat to the economies, Retail sector has come as a ray of hope in the damp clouds.
  • (Int'l Business Times)
  • The total sales of the current operation of dunhill in India is Apart from dunhill, BHR also retails Reid and Taylor, Stephens Brothers, Carmichael House and Belmonte.
  • (Economic Times)
  • UBS believes Harleys U.S. retails sales growth at the dealer level slowed in June, decelerating from the mid-single digit rated in April and May. The firm expects Q2 gross margins to be below Q1 and for FY12 to be at the low end of guidance.
  • (Yahoo Finance)
  • "If we see weak numbers, we'll have people building the case again for QE.
  • (Forbes)
  • After all, what's $70, $80 or $100 when the system in question retails somewhere just north or south of the traditional OEM Windows licensing model.
  • (Beta News)

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