Tag Archives: retail

Cramer: Lower gas prices ‘spotty’ in retail

Savings from lower gasoline prices have not boosted retail spending as much as investors would expect, CNBC’s Jim Cramer said on Thursday. “I didn’t think [Kohl’s] was as bad as it was doing because a lot of people feel, including me, that at a certain point lower gasoline should help,” said Cramer on “Squawk on the Street.” “This plus Ralph ... Read More »

January retail sales rose 0.2% vs 0.1% increase expected

U.S. consumer spending appeared to regain momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015. The Commerce Department said on Friday retail sales excluding automobiles, gasoline, building materials and food services increased 0.6 percent last month ... Read More »

Bharatiya Mazdoor Sangh opposes FDI in defence, retail

After the Swadeshi Jagaran Manch, another ideological constituent of the Sangh Parivar is at loggerheads with theBJP-led NDA government. The Bharatiya Mazdoor Sangh (BMS) has opposed the government’s move to allow Foreign Direct Investment(FDI) in retail and defence sectors. The organisation has written to both Prime Minister Narendra Modi as well as the Finance Minister Arun Jaitley in this regard. ... Read More »