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September 2009

Recs

6

For Consumers, it’s all a Confidence Game

September 11, 2009 – Comments (1)

As the U.S. equity markets set new highs for the year, consumer confidence continues to show signs of stabilization. The Reuters/University of Michigan Surveys of Consumers said its preliminary index of consumer sentiment for September rose to 70.2, the highest since June, from 65.7 in August. This was above estimates expecting a reading of 67.3, and roughly back to the level of September 2008, which was 70.3.  [more]

Recs

7

August 2009 Same-Store Sales Summary

September 03, 2009 – Comments (0) | RELATED TICKERS: TGT , GPS , SKS.DL2

Over 30 retailers reported monthly sales results for August over the past two days. While many areas of the economy have been showing relative improvement over the past few months, there have been few bright spots in retail. However, August results provide some hope that things are finally starting to turn around.  [more]

Recs

8

U.S. Chain Store Sales: Week Ending 8/29/09

September 01, 2009 – Comments (0)

August ended with a whimper for retailers. For the third consecutive week, both ICSC and Redbook reported year-over-year declines in U.S. Chain Store Sales as back-to-school season failed to spur demand:  [more]

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