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In Tough Times, Americans Place Greater Value on “Doing”

January 4th, 2010 | Comments Off | Posted in Research, Trends, Forecasts

Nothing wrong with that, it seems to me, so long as one of the things they’re doing is plopping down in front of the television with a telephone and credit card in their hand.  This photo of a Miami family spending a day on Biscayne Bay, seemingly away from electronic devices altogether, is alarming and just may be un-American.  The New York Times Jan. 2, 2010

Great Recession Not Slowing Down Shoe Sales

November 6th, 2009 | Comments Off | Posted in Research, Trends, Forecasts, Shoes
Boots at Macys on 34th Street in NYC

Boots at Macy's on 34th Street in NYC

“The Girls” may not be steppin’ out for sixteen-dollar Cosmos quite so often nowadays, but that doesn’t mean that they’re doing without new shoes.  Heavens no!  Among the reasons cited by retailers is that shoppers consider shoes a necessity, instead of an indulgence, and that “…the cost-per-wear of a pair of shoes is far lower than that of a dress or suit.”  The New York Times Nov. 5, 2009

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Denim Prices Fall Back to Earth

October 29th, 2009 | Comments Off | Posted in Fashion - Womens, Research, Trends, Forecasts

The recession has created a new awareness among women that, however ridiculous the prices of couture dresses, $600 pairs of denim jeans are more ridiculous still.  Consider it one of the little silver linings in the clouds of the current economic environment.  The New York Times Oct. 28, 2009

Non-Auto Retail Sales Grew 0.5% in September

October 14th, 2009 | Comments Off | Posted in Research, Trends, Forecasts

Over all, retail sales fell 1.5 percent in September from a month earlier — better than a projected decline of 2.1 percent — according to a Commerce Department report.  Backing out autos, which dropped 20% from their Cash-for-Clunkers summer high, leads to the half-a-percent increase.  Although economists cheered the performance, the gain was due to increased spending on necessities like food and gasoline.  The New York Times Oct. 14, 2009

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It’s Back to the Christmas Basics for HSN and Other Retailers

October 5th, 2009 | Comments Off | Posted in Research, Trends, Forecasts

We don’t mean putting the Christ back in Christmas.  Rather, we’re talking about sticking with red, green and gold, eschewing elaborate or “out-there” themes and making sure all Christmas trees are rightside up, not upside down.  There, there, that’ll calm consumers worried about their jobs or expiring unemployment insurance!  Associated Press Oct. 4, 2009

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U.S. Same-Store Sales Rose 0.5% Last Week

July 21st, 2009 | Comments Off | Posted in Bricks-and-Mortar, Research, Trends, Forecasts

That report of a week-over-week sales gain comes from the International Council of Shopping Centers and Goldman Sachs, which today released seasonally adjusted data on U.S. chain store retail sales. The ICSC expects same-store sales for the full month of July to be down by 5.5% from the prior year.  Reuters July 21, 2009

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June a Washout for Most Retailers

July 8th, 2009 | Comments Off | Posted in Bricks-and-Mortar, Research, Trends, Forecasts

Wet, chilly weather in much of the country — certainly the northeast — in June contributed to another poor showing for same-store sales, which are expected to be down by 4.8%, the same rate of decline as in May, when retailers report results tomorrow.  The drop would mark the 10th straight month of same-store-sales declines, the longest since Thomson Reuters began collecting the data in 2000.  Dow Jones Newswires via The Wall Street Journal July 7, 2009

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European Retail Sales Drop for 9th Straight Month

February 26th, 2009 | Comments Off | Posted in Research, Trends, Forecasts, UK/Europe

This month, the Bloomberg purchasing managers index of retail sales in the euro region dropped to 42.3 from 44 in January.  “The index is based on a survey of more than 1,000 executives compiled for Bloomberg LP by Markit Economics and a reading below 50 indicates contraction.”  Bloomberg Feb. 26, 2009

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Retailers Confirm Weak Sales with 4Q and Full-Year Earnings Reports

February 24th, 2009 | Comments Off | Posted in Bricks-and-Mortar, Research, Trends, Forecasts

Macy’s, Home Depot, Target are among the American retailers reporting steep profit declines, amidst what Macy’s president and chief executive, Terry J. Lundgren, characterized as, “the worst economic environment of our generation.”  The New York Times Feb. 24, 2009

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Canadian Retail Sales in December Suffer Biggest Drop in 15 Years

February 24th, 2009 | Comments Off | Posted in International, Research, Trends, Forecasts

Widespread declines in all sectors pushed retail sales down 5.4 per cent in December to $33 billion.  Sectors traditionally associated with holiday shopping, such as sales at clothing and accessories stores, fell 3.7 per cent, continuing several months of declines.  The Canadian Press on Google News Feb. 23, 2009

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