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Tag: short

New leasing of retail spaces may take hit in short-term due to lockdown

India”s commercial real estate, which has been performing well for last few years despite slowdown in the property market, is likely to be impacted due to nationwide lockdown as market experts see short-term affect on demand-supply of office and retail spaces, besides pressure on rentals values. According to a PTI report: Corporates and retailers, both …

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Lowe’s (LOW) earnings Q4 2019 fall short on sales

Lowe’s on Wednesday reported mixed fourth-quarter results, with sales weaker than expected, and provided a disappointing forecast. Share prices rose 1.4% in premarket trading. Here’s what Lowe’s reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 94 cents, adjusted vs. 91 cents expected Revenue: $16.03 …

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Target (TGT) holiday 2019 sales fall short of estimates

Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%. …

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Target (TGT) holiday sales 2020 fall short of estimates

Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Shares …

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Bed Bath & Beyond (BBBY) earnings Q3 2019 fall short of estimates

Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Bed Bath & Beyond withdrew its fiscal 2019 outlook on Wednesday, saying that it would reveal its strategic plans in early 2020. The retailer also reported third-quarter earnings and revenue that fell short of Wall Street’s expectations. …

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Retail sales fall short in November amid late Thanksgiving

Get great content like this right in your inbox. Subscribe Retail sales advanced at a snail’s pace in November as consumers cut back on spending.  Retail sales inched up 0.1% in November over October and were up 2.1%   year-over-year,  reported the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants. NRF’s …

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Yum Brands (YUM) earnings Q3 2019 fall short of expectations

A customer rides his bike in front of a Taco Bell restaurant in Novato, California. Justin Sullivan | Getty Images Taco Bell’s parent company Yum Brands reported quarterly earnings on Wednesday that fell short of analysts’ expectations after its GrubHub investment weighed on profits. Yum’s two other chains, Pizza Hut and KFC, missed Wall Street’s …

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Hasbro shares drop 15% as tariffs boost costs, earnings fall short

Shares of Hasbro dropped more than 15% on Tuesday after the toymaker fell short of Wall Street estimates for quarterly profit, as the threat of tariffs on toys imported from China increased shipping and warehousing costs and caused cancellations of direct import orders. The threat and implementation of tariffs in the third quarter impacted Hasbro’s …

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Walmart’s cure for a short holiday season: Start the deals early

An employee works on a display ahead of Black Friday at a Walmart store in Chicago, November 20, 2018. Kamil Krzaczynski | Reuters Retailers are well aware that this year’s holiday shopping calendar isn’t kind. But shoppers might not be. There are six fewer days to stock up on gifts between Thanksgiving and Christmas — …

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RetailMeNot: Short season may impact Black Friday/Cyber Monday

This year’s shortened holiday shopping season is causing shifts in spending behavior. According to predictions from online discount platform RetailMeNot, shoppers plan to spend $738 during Black Friday/Cyber Monday weekend this year, compared to $803 in 2018. Generationally, GenX consumers will spend the most ($849), followed by baby boomers ($701), millennials ($696), and GenZ ($537). …

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