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US Rail Volumes Inch Higher Sequentially
Thursday, June 18, 2020 - 5:12pm | 806Read More...U.S. weekly rail traffic inched higher sequentially last week as nationwide retail figures and housing starts showed glimmers of increased economic activity. U.S. rail volumes for the week ending June 13 totaled 449,291 carloads and intermodal units, which is 14.9% lower than the same period in...
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How Much Did Americans Spend On Halloween In 2019?
Thursday, October 31, 2019 - 3:19pm | 505Read More...Shoppers planned to spend an average of about $86 each this Halloween season, between costumes, candy for the youngsters and scary stuff for the yard, according to data from the National Retail Federation. Halloween revelers in the United States will spend about 50 cents less per person on average...
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Retail Sales Are Down For Big-Ticket Items, But Expectations Are High For Holiday Spending
Thursday, October 17, 2019 - 4:45pm | 661Read More...U.S. retail sales were down for the first time in seven months in September, but the move was mostly driven by declines in big-ticket purchases like cars. The Commerce Department said Wednesday that retail sales were down 0.3% in September, led by a 0.9% decline in auto sales. It was the first...
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Good News For Retail Investors
Monday, August 13, 2018 - 3:53pm | 317Read More...The retail sector as a whole performed "great" in the first half of 2018, and the outlook for the full year is even stronger than expected, according to Matthew Shay, president and CEO of the National Retail Federation. What Happened Total retail sales were expected to rise between 3.8...
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Spooky Spending Statistics For This Halloween: Haunts Of All Ages To Spend More
Tuesday, October 31, 2017 - 8:48am | 269Read More...2017 is expected to boast the biggest Halloween spend on record. In a surprising statistic, American men are projected to spend more money on Halloween than women this year. According to a report from Statista, on average, an American male will spend $96 dollars on Halloween this year compared to...
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Halloween 2017: Party City Set To Benefit From What Might Be A Record Year In Spooky Specialty Spending
Monday, October 2, 2017 - 4:12pm | 313Read More...Investors may want to take a second look at Party City Holdco Inc (NYSE: PRTY) ahead of the Halloween season. A total of 179 million Americans are expected to take part in some sort of Halloween related festivity this year, which marks an increase from 171 million last year, the National Retail...
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Border Tax Polarizes U.S Companies As Exporters Take Side With Trump Team
Thursday, February 16, 2017 - 10:17am | 1159Read More...There are two sides to every coin. Even as import-dependent corporations are vociferously opposing President Donald Trump's proposal to impose a border tax, a few others have quietly formed an alliance, seconding the president's proposals. United By Trump's Border Tax A Reuters report published...
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All The Retailers That Could Feel The Effects Of The GOP's Tax Efforts
Wednesday, January 18, 2017 - 3:33pm | 432Read More...A tax proposal known as a “border adjustment” proposed by Republicans in the House of Representatives could ding major American retailers who rely on imported products. The policy change, which would tax imports and exempt exports, was criticized this week by President-elect Donald...
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ComScore: Online Spending To Grow As Much As 19% This Holiday Season
Tuesday, December 27, 2016 - 12:38pm | 304Read More...Gian Fulgoni, the co-founder and CEO of COMSCORE, Inc. (NASDAQ: SCOR) was a guest on CNBC Tuesday morning to share some of the analytics and data the firm has collected so far within the e-commerce space. Fulgoni stated he is pretty confident that by the end of the holiday shopping season, total e-...
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Holiday Shopping's Best Performers So Far
Tuesday, November 29, 2016 - 4:10pm | 610Read More...Apple Inc. (NASDAQ: AAPL), Sony Corp (ADR) (NYSE: SNE), Microsoft Corporation (NASDAQ: MSFT), Amazon.com, Inc. (NASDAQ: AMZN), Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) may be among the big winners this holiday shopping season if data released by Adobe Systems Incorporated (NASDAQ:...
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Key Trends In Online Shopping This Holiday Season
Monday, November 28, 2016 - 1:13pm | 432Read More...As online retailers kick off Cyber Monday sales, early Black Friday numbers this holiday season seem to be mixed. The National Retail Federation (NRF) is reporting that 154 million shoppers made purchases over Black Friday weekend, up from 151 million in 2015. However, those 154 million consumers...
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Cyber Monday Comes Calling: Will 2016 Be Record Breaker?
Monday, November 28, 2016 - 10:35am | 496Read More...Although all festivities around the Thanksgiving Day are now past us, the shopping bonanza is far from over. Shoppers thronged stores during the Thanksgiving weekend, the four-day period starting Thursday. Online behemoths such as Amazon.com, Inc. (NASDAQ: AMZN) and eBay Inc (NASDAQ: EBAY) as well...
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The Trajectory Of Black Friday Sales
Wednesday, November 23, 2016 - 3:13pm | 329Read More...The holiday season is around the corner, with the Black Friday kicking it off later this week. Black Friday is observed annually on the Friday that follows Thanksgiving Day. Although the concept of Black Friday has existed since 1932, it rose to prominence as one of the busiest shopping...
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Previewing Black Friday Week: Apple Best Positioned Tech Name
Monday, November 21, 2016 - 2:38pm | 495Read More...Previewing the holiday shopping season, which officially kicks off with Black Friday falling on November 25 this year, Drexel Hamilton said Apple Inc. (NASDAQ: AAPL), AU Optronics Corp (ADR) (NYSE: AUO), Corning Incorporated (NYSE: GLW) and LG Display Co Ltd. (ADR) (NYSE: LPL) are most...
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A Key Consumer Metric Augurs Well For Upcoming Holiday Season
Monday, October 31, 2016 - 10:05am | 688Read More...Consumers are after all a segment that cannot be cowed down by see-sawing fortunes of the U.S. presidential race. Armed with the confidence bestowed by a healthy job market, consumers look set to make this holiday season their own. A report released earlier in the day by the Bureau of Economic...
