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WARM WEATHER HELPS HOME DEPOT SALES RISE ALMOST 10% IN 4TH QUARTER, AS HOME PRICES INCREASE AND DEMAND FOR NEW HOME CONSTRUCTION STARTS 2016 WITH SLOW GROWTH
24 Feb, 2016 • Helen Thomas
The Home Depot’s fourth-quarter sales included an 8.9% sales increase in US stores that have been open for at least one year. This is despite the challenges facing the rest of the retail industry. Sales were strong the entire quarter, but warm weather in December brought in a sales spike – Home Depot attributes $100... Read more »

AMAZON ANNOUNCING INCREASED SHIPPING FEES AND A PRIVATE LABEL APPAREL LINE MAY BE ON THE WAY
23 Feb, 2016 • Helen Thomas
Big changes are being announced at Amazon.com. Based on shipping price increases imposed by UPS and FedEx late last year, Amazon announced its threshold for free shipping is increasing by 40%, to $49 in orders. However, Amazon is not raising the threshold with an interest in shipping revenue, but instead to incent more customers to... Read more »

NRF SAYS MILLENNIALS WILL SAVE THEIR TAX REFUNDS INSTEAD OF SPLURGING ON RETAIL
22 Feb, 2016 • Helen Thomas
Retailers have depended on American’s using their IRS tax refund checks to boost February and March sales. However, according to a survey conducted by the National Retail Federation (NRF), more than half of those expecting a refund are planning to save their money instead of spend it. This is the highest level since the NRF... Read more »

Leading Solution for DIY POS Retail Reporting
19 Feb, 2016 • Helen Thomas
At Accelerated Analytics, we work extensively with The Home Depot, Lowe’s, and Wal-Mart data and we know how to integrate your item catalog, shipping data, plan o gram, and other key files for a comprehensive reporting solution. With our services, you’ll have more timely reporting in a consistent format available to any user with an internet... Read more »

NEW HOME CONSTRUCTION DROPS AGAIN WITH SLOW START IN 2016 – WILL HOME DEPOT EARNINGS BE AFFECTED?
18 Feb, 2016 • Helen Thomas
Showing the lowest rate since October, new housing starts fell 3.8% in January from a month earlier. U.S. home builders are reporting a positive outlook as spring approaches, citing solid fundamentals for housing demand, such as job gains and low mortgage rates. Demand for housing has been strong over the past year but growth has... Read more »

NORDSTOM IS RANKED FAVORITE RETAILER IN RECENT SURVEY
16 Feb, 2016 • Helen Thomas
A survey of over 5,700 consumers found that Nordstrom ranked first among retailers in customer satisfaction. It specifically ranked highest scores for atmosphere, checkout speed and finding the correct size/product the customer was looking for. One in five customers surveyed indicated they were dissatisfied in general with their fashion retail experience across all retailers. 40%... Read more »

Economic Mixed Messages
16 Feb, 2016 • Helen Thomas
By Chad Symens This article recently caught my attention and the wheels started turning: https://www.cnbc.com/2016/02/11/is-the-us-economy-running-out-of-gas.html. The current economic situation is confusing to the casual observer. On the one hand, President Obama regularly speaks about the US economy being the strongest and most resilient economy in the world, and yet articles like this create doubt in... Read more »

NRF THINKS 2016 WILL BE A HAPPY NEW YEAR FOR RETAIL
11 Feb, 2016 • Helen Thomas
The NRF forecasts a 3.1% increase in retail sales growth in 2016, which will exceed the 10 year industry average of 2.7%. The National Retail Federation also forecasts ecommerce growth to be between 6-9%. The NRF makes this forecast based on assumptions on employment gains. It believes that prospects for consumer spending are going to... Read more »