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pymnts | November 21, 2017
The Federal Reserve Bank of New York painted a more optimistic picture of U.S. households, saying access to credit has improved at the same time that their risk of a financial shock has declined. According to a Reuters news report, a survey of consumer expectations conducted by the New York Fed found that respondents who were told not to apply for credit during the last 12 months has dipped by 4.9 percent as of October. This marks a downward trend that has continued since the start of the survey...
entrepreneur | January 24, 2018
We've all been told that retail is on death row and Amazon is the executioner. More than that, we watched the big names like Kmart, Sears, JCPenney, Ann Taylor, Gap, Banana Republic, Gymboree, Teavana, Michael Kors, Bebe, Perfumania, The Limited, Staples and more close stores. In fact, 2017 set the all-time-record for store closings, with more than 6,700 stores saying, "no mas." That beat out the 6,163 closings in the financial disaster of 2008.So, I think we can all agree that run...
fxstreet | January 16, 2020
Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...
businesswire | January 15, 2020
VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail the industry’s only leasing platform designed specifically for the retail sector solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping ce...
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