Whoohoo. Retail sales are up… – Piggington's Econo-Almanac

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September 2, 2010 at 5:13 AM #17901

Coronita
Participant

spend spend spend spend spend spend.

Happy days are here again….

The credit’s flowing once again..

Swish swish swish, happy days are here again….

God help us:)

——————————————

http://finance.yahoo.com/news/Retailers-report-sales-gains-apf-2290166688.html?x=0&sec=topStories&pos=1&asset=&ccode=

NEW YORK (AP) — Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying.

The results are providing a sliver of hope for the recovery, but worries still remain about the holiday season.

As merchants report their results Thursday, Costco Wholesale Corp. is reporting a robust gain, boosted by higher gas prices and improved international revenue. Limited Brands Inc. and Macy’s Inc. also had solid revenue increases.

But shoppers are still keeping to their lists, hurting a number of clothing stores such as The Bon-Ton Stores and Gap Inc. Target Corp.’s results came in below expectations.

The figures are being compared with a weak August 2009. They’re based on revenue at stores open at least a year.

September 2, 2010 at 6:02 AM #599134

Coronita
Participant

costco purchases are up apparently

September 2, 2010 at 6:02 AM #600195

Coronita
Participant

costco purchases are up apparently

September 2, 2010 at 6:02 AM #599877

Coronita
Participant

costco purchases are up apparently

September 2, 2010 at 6:02 AM #599771

Coronita
Participant

costco purchases are up apparently

September 2, 2010 at 6:02 AM #599227

Coronita
Participant

costco purchases are up apparently

September 2, 2010 at 8:43 AM #599199

UCGal
Participant

I credit the increase to back-to-school. I dropped a chunk at staples filling out the mandatory shopping list.

Target’s drop may be in part to a boycott from some in the left because of their political contributions in the wake of the Citizens United supreme court decision. (Target was the first big corp to make openly partison contributions in local races… )

http://www.cbsnews.com/8301-503544_162-20011983-503544.html

http://articles.latimes.com/2010/aug/26/opinion/la-oew-ruben-moveon-target-20100826

(Note – I’m not trying to start a discussion of whether Target should/shouldn’t make political contributions and which partison side they should support… But I suspect the boycott was a factor in some of their retail sales.)

Disclaimer, I own Costco stock so any increase there is great. I’ve spent huge amounts of money at Target, as well. Probably my two biggest retailers I spend at.

September 2, 2010 at 8:43 AM #599942

UCGal
Participant

I credit the increase to back-to-school. I dropped a chunk at staples filling out the mandatory shopping list.

Target’s drop may be in part to a boycott from some in the left because of their political contributions in the wake of the Citizens United supreme court decision. (Target was the first big corp to make openly partison contributions in local races… )

http://www.cbsnews.com/8301-503544_162-20011983-503544.html

http://articles.latimes.com/2010/aug/26/opinion/la-oew-ruben-moveon-target-20100826

(Note – I’m not trying to start a discussion of whether Target should/shouldn’t make political contributions and which partison side they should support… But I suspect the boycott was a factor in some of their retail sales.)

Disclaimer, I own Costco stock so any increase there is great. I’ve spent huge amounts of money at Target, as well. Probably my two biggest retailers I spend at.

September 2, 2010 at 8:43 AM #599836

UCGal
Participant

I credit the increase to back-to-school. I dropped a chunk at staples filling out the mandatory shopping list.

Target’s drop may be in part to a boycott from some in the left because of their political contributions in the wake of the Citizens United supreme court decision. (Target was the first big corp to make openly partison contributions in local races… )

http://www.cbsnews.com/8301-503544_162-20011983-503544.html

http://articles.latimes.com/2010/aug/26/opinion/la-oew-ruben-moveon-target-20100826

(Note – I’m not trying to start a discussion of whether Target should/shouldn’t make political contributions and which partison side they should support… But I suspect the boycott was a factor in some of their retail sales.)

Disclaimer, I own Costco stock so any increase there is great. I’ve spent huge amounts of money at Target, as well. Probably my two biggest retailers I spend at.

September 2, 2010 at 8:43 AM #600261

UCGal
Participant

I credit the increase to back-to-school. I dropped a chunk at staples filling out the mandatory shopping list.

Target’s drop may be in part to a boycott from some in the left because of their political contributions in the wake of the Citizens United supreme court decision. (Target was the first big corp to make openly partison contributions in local races… )

http://www.cbsnews.com/8301-503544_162-20011983-503544.html

http://articles.latimes.com/2010/aug/26/opinion/la-oew-ruben-moveon-target-20100826

(Note – I’m not trying to start a discussion of whether Target should/shouldn’t make political contributions and which partison side they should support… But I suspect the boycott was a factor in some of their retail sales.)

Disclaimer, I own Costco stock so any increase there is great. I’ve spent huge amounts of money at Target, as well. Probably my two biggest retailers I spend at.

September 2, 2010 at 8:43 AM #599291

UCGal
Participant

I credit the increase to back-to-school. I dropped a chunk at staples filling out the mandatory shopping list.

Target’s drop may be in part to a boycott from some in the left because of their political contributions in the wake of the Citizens United supreme court decision. (Target was the first big corp to make openly partison contributions in local races… )

http://www.cbsnews.com/8301-503544_162-20011983-503544.html

http://articles.latimes.com/2010/aug/26/opinion/la-oew-ruben-moveon-target-20100826

(Note – I’m not trying to start a discussion of whether Target should/shouldn’t make political contributions and which partison side they should support… But I suspect the boycott was a factor in some of their retail sales.)

Disclaimer, I own Costco stock so any increase there is great. I’ve spent huge amounts of money at Target, as well. Probably my two biggest retailers I spend at.

September 2, 2010 at 8:48 AM #600266

meadandale
Participant

[quote=flu]costco purchases are up apparently[/quote]

Everytime I go to Costco..or the mall in San Diego I think to myself “what recession?”. On the weekends Costco is PACKED to the rafters. Even on the weekdays, when I try to go, it is crazy. I try to get in and out as fast as possible…the ‘snackers’ seriously piss me off /rant.

September 2, 2010 at 8:48 AM #599296

meadandale
Participant

[quote=flu]costco purchases are up apparently[/quote]

Everytime I go to Costco..or the mall in San Diego I think to myself “what recession?”. On the weekends Costco is PACKED to the rafters. Even on the weekdays, when I try to go, it is crazy. I try to get in and out as fast as possible…the ‘snackers’ seriously piss me off /rant.

September 2, 2010 at 8:48 AM #599947

meadandale
Participant

[quote=flu]costco purchases are up apparently[/quote]

Everytime I go to Costco..or the mall in San Diego I think to myself “what recession?”. On the weekends Costco is PACKED to the rafters. Even on the weekdays, when I try to go, it is crazy. I try to get in and out as fast as possible…the ‘snackers’ seriously piss me off /rant.

September 2, 2010 at 8:48 AM #599841

meadandale
Participant

[quote=flu]costco purchases are up apparently[/quote]

Everytime I go to Costco..or the mall in San Diego I think to myself “what recession?”. On the weekends Costco is PACKED to the rafters. Even on the weekdays, when I try to go, it is crazy. I try to get in and out as fast as possible…the ‘snackers’ seriously piss me off /rant.
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