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Forget what the analysts say. Retail is making a comeback.
Plus, could eBay save the Sunshine State from its housing collapse?
Confused by the sector’s mixed signals? Allow Mad Money to offer some clarity.
The SPDR S&P Retail has gained about 6% over the past month. As we head into same-store sales data, what should you expect when the numbers are released, Thursday?
Folks are starting to speculate about whether September chain-store sales can be seen as a barometer of how Christmas holiday sales will ring in. But there's another gauge that may influence tomorrow's monthly retail sales reports: the thermometer.
When artist Aaron Heideman lost his job at a paint-supply store, he decided it was time for a change. But his was a little more radical than most: He sold all of his possessions and started living in a van—a choice that could yield him $250,000.
As the recession eases and it becomes less painful for consumers to part with their cash, luxury brands that maintained a prestigious image through the downturn will perform stronger than their counterparts who slashed prices.
If you want some sign that retail sales really are looking a bit better, take a look at Oxford Industries, which is up 20 percent this morning to its high for the year.
Stocks skidded Friday after a disappointing report on consumer prices and as consumers' mood took a turn for the worse. The Dow finished down about 50 points on the week, snapping a four-week winning streak.That snapped the markets four-week winning streak:
Futures pointed to a lower open on Wall Street Friday after a report showed consumer prices posted their biggest year-over-year decline since 1950.
Nordstrom came in in-line with expectations, but guidance is slightly more positive.
Stocks eked out a gain after a late rally Thursday as investors cheered an encouraging business-inventories report, the latest sign that the recession is winding down.
Plenty more retail earnings and commentary ahead. Just don't expect a lot of gushy, positive comments--there's little incentive to do so.
Stocks rebounded from a midmorning slide Thursday after a report showed business inventories continued to shrink as sales jumped, offering the latest indication that the recession is winding down.
There's some positive momentum for Wall Street ahead of Thursday's session. Futures are pointing to a nice pop at the open, following yesterday's strong gains.
Wall Street's bull could take a breather in the week ahead, but the trend for stocks remains higher, for now.
Retailers are managing their business better, even though consumers are still conserving cash— and investors are taking notice.
Retailers reported disappointing sales in July, a sign that consumers are continuing to watch their spending carefully and hunting for the best bargains.
The hope is that we will see some back to school lift, but Labor Day is the latest possible date this year. There are a lot of tax-free holidays in August, particularly in the South, that may help.
Analysts are expecting a late start to the back-to-school shopping season, and that means that retail sales reports for July, which are due out Thursday morning, will likely be weak.