Richard Hastings
Richard Hastings
Richard Cory Hastingsis a Canadian association football player, who has played for Inverness Caledonian Thistle, Ross County, Grazer AK, MVV Maastricht, Hamilton Academical and Brora Rangers...
eye july keeping retailers sales season spending summer surprised volatile weaker weakness
July sales were weaker than expected. Summer can be a volatile season for retailers but I am a little surprised by the weakness in apparel. I'll be keeping an eye on discretionary spending going forward.
hear home sale surprised
We are not surprised to hear of the sale of 24 Kmart units to Home Depot,
ads comparable compares enjoyed gains holiday job last november promotions sales strong tv year
Sears did a superb job on seasonal holiday promotions in circulars and TV ads and enjoyed a strong November. Sears comparable sales gains compares favorably to last year when November 2003 same-store sales were down 3.6 percent,
christmas eve falling potential sales
With Christmas Eve falling on a Friday, sales have the potential of being very intense.
apparel beating brought certainly cooler fashions favorable fixing industry reaction sales specialty weather
New seasonal fashions brought out many apparel shoppers beating our sales expectations for some specialty apparel retailers. Overall, the industry is getting better at fixing short-term merchandising missteps, and October's cooler weather certainly brought out favorable reaction from many shoppers.
apparel cards consumers entertainment footwear fourth gift products pulling sales together weakness
Consumers have a way of pulling it together for the holidays. We could see weakness in apparel and footwear sales but electronics, entertainment products and gift cards could do very well in the fourth quarter.
additional asset attractive balance boost cash debt enable further future including major management move point position possibly prices range reduce sales shares sheet
The additional cash on the balance sheet from the asset sales will put Kmart in a position to further reduce debt and possibly buyback more shares in a move that could boost share prices further, ... At the same time, the big cash position will enable management to look at an attractive range of choices, including the possibility at some point in the future of a major acquisition.
business days figures five sales stores until
There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well.
clearly club continue expect global goods growth includes increase line matured november percentage rate sales shows slower sold top volume
Wal-Mart's much slower rate of sales growth in November clearly shows this is a matured global business. As supermarket goods continue to increase as a percentage of sales -- and this includes consumables and perishables sold in big volume at Sam's Club -- we will expect to see a persistently slower rate of top line growth.
consumer durable goods higher interest items margin profit rate sales spending ticket
If spending on durable goods slows down, it could also weaken sales of consumer electronics, especially on big ticket items that have a higher profit margin but are interest rate sensitive.
comparable december last means sales weeks
If Wal-Mart's December comparable sales do go up 3 percent, that means they did much better in the last two weeks of the month,
believe consumer continue effects food garden gas held higher lawn measures prices sales spending
I continue to believe that the effects of higher gas prices on the consumer are overestimated. Most of the important measures of discretionary spending such as furniture, lawn and garden and food sales held up nicely.
brands department dying pundits stores terms
The pundits that said department stores are dying are wrong. This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.
brands department dying pundits stores terms
The pundits that said department stores are dying are wrong, ... This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.