... AnnTaylor Stores Corp. (ANN:NYSE) released its third-quarter earnings this morning, many analysts and investors were not terribly surprised by the lack of revenue considering how consumer s have cut back ...
Friday, November 20, 2009
... 42.5% of holiday shoppers plan to use primarily debit or check cards, which is a 2.5% increase from last year. It also noted that 52.4% of consumer s had yet to begin their holiday shopping.
The changes ...
Wednesday, November 18, 2009
... near 90%. And this is no guesstimate. Job loss was listed as one of the top reasons for the recent drop in consumer sentiment, the other reasons being fear of foreclosure and fear of spiraling inflation. ...
Monday, November 16, 2009
No matter how bad things get, folks are still shelling out big bucks for iPhones and Androids. Crazy? Maybe. An opportunity? You bet!
Once again, I must start this column with a confession: The entire ...
Thursday, November 12, 2009
... consumer spending numbers are likely to tumble in the next few months, as government stimulus programs run out. The example often cited is Cash for Clunkers – while car sales were up markedly during ...
Friday, November 06, 2009
... back. Consumer s start scrutinizing prices and buying a little less of everything, including pizza.
This change catches the House of Pizza completely off guard. For the longest time, the strategy of steady ...
Tuesday, October 20, 2009
The earnings of self-serve investment firms may confirm a nascent trend this week.
“Appetite for risk is rising,” Tom Roseen, an analyst with fund tracker Lipper Inc., told the Dallas ...
Monday, October 12, 2009
... in Bloomington, Minn. It’s the South China Mall outside of Guangzhou, China.”
Outdoing the techniques of American consumer ism, South China Mall is Disneyland, Las Vegas and Mall of America rolled ...
Tuesday, October 13, 2009
... heads higher, consumer spending goes down. Consumer spending in general accounts for two-thirds of U.S. economic activity.
Investors are worried that the downturn in consumer spending will show ...
Thursday, October 08, 2009
... reach.
Earnings will be relying on the resilience of the U.S. consumer , but if demand has not climbed in the United States, will international demand be enough to keep earnings on the rise?
Maybe ...
Tuesday, October 06, 2009
This week the markets await earnings reports. But we may already see signs of good news coming from the financial sector.
According to FierceFinance.com, Bank of America (BAC:NYSE) and Goldman Sachs ...
Tuesday, October 06, 2009
... vulnerable economic recovery. Credit card defaults for August rose to a new record at 11.49% underscoring the difficulty consumer s are facing in today’s market. Credit card defaults are typically ...
Monday, October 05, 2009
...
What makes the applications store so successful is its simplicity and cost-efficacy. The consumer can readily access these applications from anywhere at anytime. And cheaper production costs means less ...
Monday, September 28, 2009
... was on the cusp of the longest debt binge (among consumer s, businesses and government) in all of recorded history.
At the same time, consumer savings rates went into a steady decline, from double-digit ...
Wednesday, September 23, 2009
Due in part to government tax credits and an improved market outlook, the NAHB/Wells Fargo Housing Market index has reached highest level since May 2008.
From: Lynn Adler, Reuters:
NEW YORK (Reuters) ...
Wednesday, September 16, 2009
... of Zimbabwe, but it could be the thin edge of the wedge.
One thing we do know is that the smart money is taking profits.
Massive Insider Selling
With costs rising and consumer s unwilling to open ...
Tuesday, September 15, 2009
JetBlue's offering of month-long unlimited travel passes for $599 was a success, selling out two days early.
From Reuters:
CHICAGO, Aug 20 (Reuters) - JetBlue Airways Corp (JBLU.O), which last week ...
Thursday, August 20, 2009
Retail stores are reporting significant declines in this seasons back-to-school shopping with a 2.9% sales decline compared to last year.
From Stephanie Rosenbloom, The New York Times:
The nation’s ...
Thursday, September 03, 2009
Despite escalating operating expenses, JoS. A Bank Clothiers Inc. raises revenue claiming increased earnings in all but one of the last 32 straight quarters.
From RTTNews:
(RTTNews) - Wednesday, ...
Wednesday, September 02, 2009
... it might come as a result of a weak consumer , says the WSJ.
Will Fed's Upbeat Comments Rally Consumer s?
The one other important measure of the economy that investors are counting on for an overall ...
Friday, August 28, 2009
The world’s second-largest luxury-jewelry retailer Tiffany & Co. reported its Q2 profits were off, but less than analyst estimates.
From Cotten Timberlake, Bloomberg:
Aug. 28 (Bloomberg) -- Tiffany ...
Friday, August 28, 2009
All eyes will be on this morning’s University of Michigan Consumer Sentiment reading scheduled to be released at 10:00 a.m. ET. The preliminary read on August sentiment, released Aug. 14, matched ...
Friday, August 28, 2009
... his side, Obama said “Bernanke's background, temperament, courage and creativity helped to prevent another Great Depression.”
But the markets also responded positively to news about consumer sentiment, ...
Thursday, August 27, 2009
Discount store Dollar Tree Inc. reported a 51% profit increase for Q2 and boosts FY09 outlook... as cost-conscious shoppers flock to discount retailers to stretch their dollars amid the economic slowdown. ...
Wednesday, August 26, 2009
Consumer sentiment rose more than expected in August and expectations hit the highest level since the recession began.
From Christopher S. Rugaber, Associated Press:
WASHINGTON — Consumer sentiment ...
Tuesday, August 25, 2009
... in housing prices.
The one other important measure of the economy that investors are counting on for an overall reading of the economy is consumer sentiment. Per the Associated Press, “On Tuesday, ...
Tuesday, August 25, 2009
... a possible correction from the market's sharp run higher from its springtime lows,” writes The Wall Street Journal.
If a correction comes, it might come as a result of a weak consumer , says the ...
Monday, August 24, 2009
JetBlue's offering of month-long unlimited travel passes for $599 was a success, selling out two days early.
From Reuters:
CHICAGO, Aug 20 (Reuters) - JetBlue Airways Corp (JBLU.O), which last week ...
Thursday, August 20, 2009
29.
4 Challenges Consumers Face
(Matching tags: Auto Industry,Jewelry,Restaurant Industry,New Growth Investor,Retail Industry,Zach Scheidt,Consumer Spending)
We Value Your Privacy!
Consumer Stocks to Struggle, Debt to Blame
Written by Zachary Scheidt, Editor, Taipan's New Growth Investor
Over the weekend there was a very ...
Wednesday, August 19, 2009
Albert Gonzales and two others are charged with stealing over 130 million credit and debit card numbers--the biggest I.D. theft case in history.
From Daniel Trotta, Reuters:
NEW YORK (Reuters) - Three ...
Tuesday, August 18, 2009
While consumer spending fell in July, prices remained the same.
From Timothy R. Homan, Bloomberg:
Aug. 14 (Bloomberg) -- The cost of living in the U.S. was unchanged in July, and dropped by the most ...
Friday, August 14, 2009
32.
Buy Foreclosures
(Matching tags: Consumer Spending,Housing Sector,Real Estate)
Foreclosed homes are now selling very rapidly, often with little or no negotiating.
From Les Christie, CNN Money:
NEW YORK (CNNMoney.com) -- You've heard of speed dating? It's got nothin' on foreclosure ...
Wednesday, August 05, 2009
June saw personal incomes drop the most in four years while consumer spending went up for the second month in a row.
From Christopher S. Rugaber, Associated Press:
WASHINGTON — Consumer s opened their ...
Tuesday, August 04, 2009
Here’s how to find a quick 58% gain in the middle of a muddy situation.
A fair portion of my business day is consumed by reading economic reports of varying sorts: Durable Goods reports, Consumer Confidence ...
Thursday, July 30, 2009
Housing data is beginning to look good. Though it hasn’t recovered, it is nonetheless making an effort in the right direction.
Bloomberg reported, “Falling prices and a drop in mortgage ...
Monday, July 27, 2009
'Cash for Clunkers' incentive started Friday and will continue until the $1 billion is used up.
From LA Times:
(WGN-AM)- After two decades and 126,000 miles, John and Susan Musinski's 1990 Ford Econoline ...
Friday, July 24, 2009
Bernanke told Congress that the economy looks to be stabilizing, despite high unemployment and low consumer spending .
From RTT News:
(RTTNews) - Federal Reserve Chairman Ben Bernanke told lawmakers ...
Tuesday, July 21, 2009
For two decades, the Japanese economy has been dead as a doornail – in spite of hefty Japanese consumer savings. Why?
Field Reporter: Are they slow-moving, chief? Sheriff McClelland: Yeah, they're ...
Friday, July 17, 2009
The latest numbers from the Department of Commerce show that now, for the second month in a row, retail sales are up. In May, retail sales gained 0.5%, and sales gained 0.6% in June.
While economists ...
Tuesday, July 14, 2009
... according to a survey released Tuesday.
Thanks to pay cuts and job losses, cash-strapped consumer s are planning to spend less on everything from pens and paper to fall clothing.
The average family ...
Tuesday, July 14, 2009
Retail sales for June were raised by an increase in auto and gas sales.
From Emily Kaiser, Reuters:
WASHINGTON (Reuters) - A jump in auto and gasoline sales boosted U.S. retailers in June, while a ...
Tuesday, July 14, 2009
Consumer confidence dropped to 49.3 this month. It had been forecast to hit 55.0.
From Emily Kaiser, Reuters:
NEW YORK (Reuters) -- Consumer confidence fell unexpectedly in June after two straight ...
Tuesday, June 30, 2009
President Obama will sign historic tobacco bill into law on Monday.
From Voice Of America News:
U.S. President Barack Obama is set to sign an anti-smoking bill that will bring tobacco products under ...
Monday, June 22, 2009
Biggest Shift in U.S. Health Care Needs 45-Day Sprint With some 45 days left in session, Congress will have to move quickly in order to pass healthcare reform legislation. “I don’t think we’ve ever had ...
Thursday, June 18, 2009
U.S. Consumer Prices Rose Less Than Forecast In May
Consumer prices are up less than expected, having entered 0.1% higher, reported Bloomberg. Over the last 12 months consumer prices have dropped 1.3%, ...
Wednesday, June 17, 2009
California's Renewable Energy Goals Will Cost $115 Billion
On Friday, California announced some the highest clean energy goals in the U.S., reported Business Insider. The plan should cost $115 billion ...
Monday, June 15, 2009
... Americans lost $1.33 trillion, much of it was through failing stock portfolios and falling home prices. Breitbart reported, “If consumer s hunker down and cut spending again, that could delay any recovery.” ...
Friday, June 12, 2009
U.S. Budget Deficit Nears $1 Trillion
So far this fiscal year, the budget deficit is $991.9 billion, 12% of U.S. gross domestic product. Gus Faucher, director of macro economics at Moody’s Economy.com, ...
Thursday, June 11, 2009
The Keynesians only know one trick: crush the dollar, and then crush it some more.
I have to begin this column with a confession. For some weeks now, I have been making fun of George A. Akerlof and ...
Thursday, June 11, 2009
... when demand returns."
Amazon, Starbucks, Sears Rose Too Far Too Fast: John Dorfman
Bloomberg reported that the stocks for Amazon, Starbucks, and Sears are among consumer stocks that may be ...
Tuesday, June 09, 2009
