Research Topic

I’m sure I wasn’t the only person in the industry to raise an eyebrow when the S&P Retail Index notched an all-time high last month. Closing at $669.26 on September 14th to reach that milestone, the index has continued to creep up even further the last couple of weeks. A closer look at the stock market performance of the retail sector shows that both REITs and many individual retailers are continuing a strong positive trend—which makes sense, of course, because REITs will perform better in a strong retail environment when retailers are doing well.

Atlanta -- The SpendTrend analysis for September, released Tuesday by First Data Corp., found that card spending in September was down from the month prior.

The report, which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations, showed that overall dollar volume growth was 5.8%, down from August’s 7.2% growth.

CAMBRIDGE, Mass. — Dollar General is the overall basket price leader, delivering a substantial savings to value shoppers, according to Kantar Retail's second annual opening price point survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and nonedible grocery baskets.

New York -- More than half (53%) of middle market executives believe that their companies are on solid ground, according to a survey by CIT Group Inc., a leading provider of financing to small businesses and middle market companies. (In order to be eligible to participate in the survey, respondents had to be in a leadership role at firms with revenues between $25 million and $1 billion, the majority of whose employees were based in the United States.)

New York -- Some businesses are coming up short with their restroom facilities, according to a survey by Bradley Corp., a manufacturer of commercial plumbing fixtures. Fifty-one percent of survey respondents reported having had a particularly unpleasant experience in a public restroom due to the condition of the facilities.  

Retail sales in September decelerated from August at many of Walmart’s competitors, but overall demand remained positive judging from the shrinking number of companies who continue to report monthly results.

Discounters The TJX Cos. and Ross Stores reported September same-store sales that rose 6% and 5%, respectively. The figures exceeded both companies’ expectations and shoppers continue to respond to their brand of apparel retail.

CINCINNATI — Kroger was honored by the Alliance to Save Energy this week. The company received the group's top award, the "Galaxy" Star of Energy Efficiency.

"We are honored to receive this recognition from the Alliance to Save Energy," said David Dillon, Kroger's chairman and chief executive officer. "This is a real tribute to Kroger's 339,000 associates who bring our energy saving programs to life every day. We will continue to work tirelessly in all areas of our business to reduce energy consumption."

Total U.S. shopper traffic in retail stores and malls for September 2012

The end of back-to-school shopping in the U.S. led to a significant drop in foot traffic this past month. September saw a 13.1% decrease in retail foot traffic compared to August. However, this past month continued a streak of year-over-year improvements. September 2012 foot traffic increased 12.9% when compared with the same month last year.

Cambridge, Mass. -- Dollar General is the overall basket price leader delivering a substantial savings to value shoppers, according to Kantar Retail’s second annual opening price point (OPP) survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and non-edible grocery baskets  

Chelmsford, Mass. -- The Kronos Retail Labor Index (RLI) rose to 4.5% in September, the highest reading in four years. (The Index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0% means that for every 100 applications received, three hires occurred.)