Retail sales at national chain stores fell by 0.6% during the first four months of October compared to the previous month, according to the Johnson Redbook Index. Dow Jones Newswire Nov. 1, 2011
Nov 012011
April Euro Zone Retail Sales Drop 1.2% on Worries over Debt Crisis
Geography, Research, Trends, Forecasts, UK/Europe
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Jun 032010
The European Union’s statistics office said euro zone retail sales fell 1.2 percent month-on-month, the steepest drop since October, 2008, for a 1.5 percent year-on-year decline. A group of economists polled by Reuters had expected a 0.1% month-on-month gain. Reuters Jun. 3, 2010
Apr 072010
Consumers turned on a dime from spending to saving in late 2008, amidst the financial crisis, and some observers worried that they might not come out their savings shells anytime soon. Mark Zandi, chief economist for Moody’s Economy.com says that today some consumers are “almost a bit giddy.” March retail sales are predicted to increase up to 10 percent compared with the period a year ago, which would make March the seventh month of growth in a row, according to the International Council of Shopping Centers. The New York Times Apr. 7, 2010
Oct 142009
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
Retailers Confirm Weak Sales with 4Q and Full-Year Earnings Reports
Bricks-and-Mortar, Research, Trends, Forecasts
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Feb 242009
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
Same-Store Sales at Most Retailers Drop in January
Bricks-and-Mortar, Research, Trends, Forecasts
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Feb 052009
Retail sales fell 1.8 percent in January, according to Retail Metrics, a research firm Factoring out Wal-Mart’s trend-bucking 2.1 percent increase, the industry-wide sales decline would have been 5.6 percent. Department stores and mall retailers fared especially badly. The New York Times Feb. 5, 2009
Sep 192008
The coming Holiday season may be somewhat less bleak for non-store retailers, such as home shopping television networks, e-commerce websites and catalog merchants, as consumers look for ways to save on gas. The prediction comes from TNS Retail Forward Inc. of Columbus, Ohio, which projects overall a 1.5 percent gain in retail sales during the November-to-January period, down from a 2.7 percent increase last year. One of the rosier predictions for retail sales this Holiday season comes from Deloitte, and it’s hardly rosy. They’re betting that this will be the worst holiday season in more than 15 years, with paltry gains of 3 percent or less. Star-Tribune (MN) Sept. 19, 2008 Forbes Sept. 17, 2008
