Updated on November 7, 2024October 8, 2024/ Nick Wynkoop

The Register – Oct 8 2024

The Register - Ringing up the balance of the latest retail metrics and headlines

Recent headlines indicating a strong retail market "Ferrero opens Kinder Bueno production facility in Bloomington" Chicago Tribune (9/30) Expansion indicates confidence in demand. "Key Fed inflation gauge at 2.2% in August, lower than expected" CNBC (9/27) Beat estimates and lower than its been. Inflation hurts consumer purchasing power. "JD Sports First Half 2025 Earnings" Footwear News (10/2) Huge growth, positive outlook across the biz!

Recent headlines that may indicate retail weakness "...Sill Closes Its Last Retail Store" The New York Times (10/1) Store closures, even with a shift to online, typically suggest struggles in the physical retail space. "Taco Bell’s app feature helps consumers stick to their budget", “Survey: Most small business owners use AI for cost saving” Nation's Restaurant News (9/26), The Associated Press (9/24) Both focus on budget instead of growth, suggesting caution in spending and financial pressure.

Recent headlines that may indicate retail weakness "Hudson’s Bay Brings Ann Taylor and Loft Back to Canada", "Authentic Brands Group completes acquisition of Champion", "LVMH deal spurs rally in Moncler" Women's Wear Daily (9/27), The Retail Bulletin (10/2), Reuters (9/27) While there’s expansion/investment, moves are in response to financial struggles. "...Walmart opening job hubs in these 7 stores" Staten Island Advance (9/30) Is this positive hiring/expansion, or signs of job loss and consolidation by the big guys? "Costco's members are getting younger…" Business Insider (9/28) Growth for Costco, but implies consolidation & pressure on smaller retailers, and penny pinching.

Total At Checkout: Recent headlines net sentiment 3 Positive 3 Negative 5 Neutral Stay Tuned: In the next edition of “The Register” we’ll add examination of several key market metrics, how they’re trending, and what it says for retailers!

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