Clik here to view.
One Analyst’s Surprising Indicator Why Recession Is Coming In Early 2017
Stifel analyst Paul Westra downgraded the restaurant industry in a note released today, slashing estimates and ratings on 11 stocks in the sector, while warning that a slowdown in the restaurant...
View ArticleClik here to view.
Did US Consumers Finally Tap Out? BofA Internal Card Data Shows Significant...
Ahead of this Friday’s retail sales report, which bulls are hoping will show a continuation of the strong spending trends revealed in last month’s data, Bank of America is once again the bearer of bad...
View ArticleClik here to view.
Restuarant Industry In Gloom As Number Of Americans Eating Out Tumbles
While the latest government retail spending data shows that while it is slowing down, consumer spending on “eating out” or retail and food service sales, hasn’t posted a sharp deterioration, secondary...
View ArticleClik here to view.
Dollar General’s Startling Admission: Half Of U.S. Consumers Are Feeling More...
When we last looked at the performance of deep discount retailer Dollar General three months ago, we found something troubling: company CEO Todd Vasos, who badly missed its earnings expectations,...
View ArticleClik here to view.
Credit Suisse: Customer Blowback Over Starbucks’ Refugee Hiring Spree Could...
A few weeks ago we wrote about how the controversial decision of Starbucks’ CEO Howard Schultz to hire 10,000 refugees, a clear shot at the Trump administration’s immigration policies, seemingly...
View ArticleClik here to view.
US Restaurant Industry Suffers Worst Collapse Since 2009
What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that...
View ArticleClik here to view.
Worst Restaurant Tailspin Since 2009/2010 Crushes Lower End
“The hope that consumer and business spending will surge is probably just that, hope.” – Joel Naroff, President of Naroff Economic Advisors and TDn2K Economist So another chain restaurant is...
View ArticleClik here to view.
US Restaurant Industry Stuck In Worst Collapse Since 2009
One month after we reported that the “restaurant industry hasn’t reported a positive month since February 2016“, we can add one more month to the running total: according to the latest update from...
View ArticleClik here to view.
Retail Rout Returns (But Don’t Blame Amazon)
Authored by Mike Shedlock via MishTalk.com, JCPenney announced a $62 million dollar loss for the quarter. With the announcement, its share price plunged 16% breaking the $4 barrier for the first time....
View ArticleClik here to view.
Sears Same-Store Sales Plunge 11.5%; To Close Another 28 Stores
Near insolvent retailer Sears Holdings reported another quarterly loss, with same store sales plunging in Q2 more than expected as the company offered more margin-crushing discounts amid an industry...
View Article
