In its 2015 economic forecast, the National Retail Federation (NRF) projected retail industry sales, excluding automobiles, gas stations, and restaurants will increase 4.1 per cent*, up from the 3.5 per in 2014. The 4.1 per cent growth ...
Tags: automobiles, gas stations, Textile
In spite of ecommerce making significant progress in the last few years, it will account for only 5.9 per cent of the total retail market worldwide in 2014, forecasts eMarketer. In its first-ever forecast of the global retail market ...
Tags: Retail Market, ecommerce
According to the data from US Commerce Department, US retail sales keeps growing in November due to the rebound of auto sales in the US. The data says that US retail sales increases 0.7% to $44.93 billion. The growth rate of retail sales ...
Tags: Retail Sales, Auto Parts
Ecommerce sales in the third quarter of 2014 accounted for 6.6 per cent of total retail sales, on adjusted for seasonal variation but not for price changes basis, the Census Bureau of the US Department of Commerce has announced. During ...
Tags: Ecommerce sales, Retail Sales, Apparel
Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world's largest retail trade association – March retail sales, which exclude automobiles, gas ...
Tags: NRF, US Retail Sales
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral
General Motors Co. (GM) dealers delivered 212,060 vehicles in the United States in November, up 14 percent versus a year ago and the highest November sales in six years. Retail sales were up 19 percent and fleet sales were down 3 percent. ...
Tags: General Motors, Cadillac, Escalade
Even the post-turkey coma couldn't keep a good shopper down as millions of people across the country lined the sidewalks late Thursday night and by midnight on Black Friday to stock up on discounted toys, laptops, tablets, apparel, and ...
Tags: Apparel, Accessories, Retail Sales
Positive retail sales numbers in the month of October point to a good holiday sales season ahead. According to the National Retail Federation – the world largest retail trade association – October retail sales, excluding ...
Tags: Positive retail sales, Textile
THE Australian dollar gained after disappointing US retail sales figures put pressure on the greenback. At 6.30am AEST the local unit was trading at 91.02 US cents, up from 90.87 cents at yesterday's local close. The Australian dollar ...
Tags: economy
Global shares climbed Monday after China's GDP growth figures and US earnings reports beat expectations, Reuters reported. The slowdown in China's GDP growth to 7.5% was less severe than many had feared and the country's retail sales ...
Tags: Global Markets, China Data
The oil complex settled lower Monday on bearish China data and increased OPEC production, amid weak fundamentals in the US. NYMEX June crude settled 87 cents lower at $95.17/barrel, having traded in a $94.47-$95.68/b range throughout the ...
Tags: oil complex, oil
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy