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Friday, March 19, 2010
Ready, Set, Shop? Consumers Shift Gears
SmartMoney
Stocks in Asia closed higher today, European shares are up, and U.S. futures are pointing to a slightly lower open.
Meanwhile, the “new reality” that is settling in of not-so-deep consumer pockets is influencing designers and high-end department stores to rethink quality and pricing – lowering them slightly in order to attract consumers and boost sales, says Brian Sozzi, research analyst at Wall Street Strategies.
Link to full article: http://www.smartmoney.com/investing/stocks/market-update-friday-mar-19-2010-21617/
Posted by Brian Sozzi, Research Analyst
Archives
8/20/2010 - Video: Retail for Sale: Time for Private Equity to Shop
7/21/2010 - Cola Wars: Coke vs. Pepsi
7/21/2010 - Earnings: Instant Reaction to Coca-Cola Earnings
6/4/2010 - Jewelry Retailers' Shares Gain On String Of Positive Results
6/4/2010 - Wal-Mart, Target divergence seen in first quarter
6/4/2010 - Retail Stocks Slide As Cautious Outlooks Concern Investors
6/4/2010 - Have Consumers Moved on From Discounters?
6/4/2010 - Wal-Mart profit rises, but US sales in squeeze
6/4/2010 - American Eagle's weak Q2 view drags down shares
6/4/2010 - The Rising Cost of Retail: Who Will Win?
6/4/2010 - May US retailers' sales lackluster; consumers wary
6/4/2010 - Wal-Mart to boost jobs 23 pct, sets new buyback
6/4/2010 - Urban Outfitters' Q1 beat fails to impress investors
6/4/2010 - Express IPO shares get lukewarm reception
6/4/2010 - High on Lowe's
6/4/2010 - Home Depot 1Q Profit Rises 41%; Co Raises Full-Year View
6/4/2010 - Sears 1Q Profit Slides 39%, Hurt By Lower Margins
6/4/2010 - Euro worries stalk Guess, whose shares fall 7 pct
6/4/2010 - May Sales: What Retailers Aren't Saying
6/4/2010 - Retail Diamonds in the Rough
6/4/2010 - Wal-Mart execs to be scrutinized as shareholders seek views on bolstering US namesake business
5/11/2010 - Retailers Fall As April Same-Store Sales Disappoint
5/11/2010 - Coach Caters to Men With New NYC Shop
5/11/2010 - Don't Fret, Target's a Good Bet
5/11/2010 - US same-store sales disappoint
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