According to the report, the U.S. economy shed 22,000 jobs in January, while the unemployment rate dropped to 9.7 percent. Even so, the labor market remains weak, with more than 4 million American jobs lost in the past year and 8.4 million jobs lost since the recession began in December 2007. The retail industry added [...]
Continue reading...Wednesday, December 2, 2009
The busiest minute for online shopping and retail sales saw a 131% like-for-like increase on last year Between 12:00 and 13:00 retail sales peaked at $183 million, an increase of 61% Black Friday, the busiest shopping day of the year, ended on a high at $3B, up 52% Retail Decisions (ReD), a world leader in card fraud prevention, [...]
Continue reading...Thursday, November 12, 2009
Philadelphia shoppers are more optimistic about the economy and their budgeting, and that optimism is starting to show in Philadelphians’ shopping plans as the holiday shopping season kicks off, according to Deloitte’s 24th Annual Holiday Survey of retail spending and trends. Fears about the recession are slowly subsiding, with more than half of those surveyed (52 [...]
Continue reading...Friday, June 19, 2009
Never let a profitable options trading position turn around and hit your original stop loss. Once you’re making money, start trailing up your stop and get it to breakeven as soon as you can. The trend is your friend. Try not to bet against a market or sector. If Retail is tanking, don’t be so eager [...]
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Saturday, February 6, 2010
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