ProShares Decline of the Retail Store ETF News

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At Close: May 23, 2024

Ecommerce Sales Blow Out, Spike 44% In Q2

07:23am, Wednesday, 19'th Aug 2020
In dollar terms, the jump of $62 billion compared to Q2 last year was the largest ever in the data going back to 2001.
The jobs market has come back somewhat, although gains until now are largely the low hanging fruit Thanks to the stimulus, consumer spending has returned to pre-pandemic levels.
Department store retailers got a boost on Friday after the latest government data showed a 1.2% July increase in U.S. retail sales. Nordstrom Inc. shares rose 5.8%; Kohl's Corp. stock was up 6.6%; a
Positive momentum has continued to shine as a forward indicator for technology and consumer discretionary stocks in recent months.
Millennials and Generation Z that have been hard hit economically from the pandemic crisis. The unique health risk to older consumers has forced Baby Boomers online.
Retail sales is the third report for June out of the four main coincident indicators that show whether the economy is in recession or expansion.

Retail Sales: Up 7.5% In June

07:59am, Friday, 17'th Jul 2020
Headline sales came in at 7.5% month-over-month to one decimal and was above the Investing.com forecast of 5.0%.

Retail Spending Returned To Trend In June

02:47am, Friday, 17'th Jul 2020
Retail sales and food services spending posted another strong gain in June, rising 7.5 percent from the prior month following an 18.2 percent record surge in May and two devastating declines in March

Ignominious Ends - Sears And Malls

04:30am, Thursday, 16'th Jul 2020

What Went Wrong At Intu

02:54am, Wednesday, 15'th Jul 2020
Even before the lockdown wrecked its balance sheet and destroyed its cash flows, intu was a zombie. If intu's cash position had been stronger, it might have been able to ride out the property market t

The Reopening Killed The V-Shaped Recovery

07:43am, Monday, 29'th Jun 2020
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ
Fed releases new details on plan to purchase corporate bonds. U.S. retail sales surge. Cycle, valuation and sentiment outlook.
There was a good bit of excitement on Tuesday with the release of the retail sales report, which came in stronger than expectations. However, the bounce will be

Retail Sales By Segment In 12 Hair-Raising Charts

09:54am, Wednesday, 17'th Jun 2020
Total retail sales in May bounced off 17.7% from the April low, according to the Census Bureau Tuesday. Sales at non-store retailers continued to spike from rec

The Smallness Of The Most Gigantic

06:49am, Wednesday, 17'th Jun 2020
It's hard to ignore when you have the greatest percentage increase in the history of a major economic account. The non-economic rebound may take shape, as it ha
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