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Why the Rout in Retail Shouldn’t Be a Big Worry for U.S. Economy

Why the Rout in Retail Shouldn’t Be a Big Worry for U.S. Economy Even with the “eye-catching headlines about store closings” and other recent … And the American shopper, the pillar of the household spending-driven economy, remains on solid ground amid robust job growth, improving finances, and low borrowing … Continue reading at bloomberg.com Nigeria […]

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Battered retail sector faces another round of earnings reports

Battered retail sector faces another round of earnings reports Retailers are having a tough third-quarter. The S&P 500’s consumer discretionary sector fell about 6% last week. Stocks in the specialty retail subsector fell an average of more than 9%, while those in the multiline retailer subsector fell an average of … Continue reading at marketwatch.com […]

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Making Sense of Retail Sector Earnings

Making Sense of Retail Sector Earnings This week’s reports from sector leaders like Wal-Mart (WMT), Target (TGT), Home Depot (HD) and others will round out the sector’s final picture for the Q3 earnings season and outlook for the holidays. Consumer spending hasn’t increased to the extent … Continue reading at finance.yahoo.com Power Corporation Reports Record […]

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