Retailers Gear Up For Black Friday

Retailers Gear Up For Black Friday

This post first appeared on FloatingPath

Store sales for the week ending November 9 were little changed from the week prior. Both leading weekly store sales reports note lower gas prices as a driver, but that this may be the quiet before the storm as retailers are gearing up earlier than ever for Black Friday, offering early promotions and announcing extended hours.

The ICSC-Goldman store sales index was up 2.3% year over year from up 1.9% Y/Y the week prior.

The Redbook store sales index was up 3.3% year over year from up 3.8% Y/Y/ the week prior.

Hedge Funds Are Convicted On Their Top 10 Stocks Despite Low Crowding As Apple Falls Far Out Of Favor

Stocks Stock ValuationConcentration in hedge fund portfolios has been rising throughout the year and approached a record high during the third quarter. In fact, the only time concentration was higher was during the fourth quarter of 2018. Hedge Funds Are Highly Convicted But With Minimal Crowding According to Goldman Sachs' Hedge Fund Trend Monitor for the third Read More

No posts to display