Posts filed under “Consumer Spending”

Retail Day !

Today is Retail Day. Let’s stick with that theme.

Wal-Mart (WMT) surprised to the upside, event though they were widely projected to be a
laggard. As a company, they posted a 2.4% increase in US June
same-store-sales (excluding fuel). The Wal-Mart stores saw a 1.6% gain, while membership wholesaler Sam’s Club posted a big 6.9% jump (excluding
fuel). The rest of the Retail complex was mixed.

Markets are rallying on the news.

Following our discussion yesterday on core-inflation (ex-food and energy), and given that Wal-Mart is the  biggest supermarket in the country,  I am curious as to this small detail:

How much of Wal-Mart’s gains are due to food inflation?

The firm refuses to report ex-food, although they do report ex-energy. Inquiring minds want to know!

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Here’s the WSJ public page on retailers:

June_retailers

Category: Consumer Spending, Inflation, Retail

Top 100 Retailers

Category: Consumer Spending, Economy, Retail

Borrowing & Spending

Category: Consumer Spending, Credit, Psychology, Real Estate, Retail

Music Sales Fall for 7th Consecutive Year

Category: Consumer Spending, Digital Media, Music

How Is Retail Doing?

Category: Consumer Spending, Data Analysis, Economy, Retail

Knights of the round table: mapping out the markets

Category: Blog Spotlight, Consumer Spending, Currency, Earnings, Economy, Federal Reserve, Fixed Income/Interest Rates, Inflation, Investing, Markets, Psychology, Real Estate

The NYC Profit Calculator

Category: Consumer Spending, Corporate Management, Earnings, Economy

National Gasoline Prices

Category: Commodities, Consumer Spending, Film, Psychology

Correlation Between Customer Satisfaction & Market Performance

Category: Consumer Spending, Corporate Management, Investing, Markets

What have Shareholders Ever Done for You?

Category: Consumer Spending