Retail Stocks

[Waltzing]

US retail up...   https://www.cnbc.com/2024/01/17/retail-sales-december-2023.html

How is the NZ and AUS shopper going to do this year... will it be like looking for some little green shoots...

https://www.investopedia.com/terms/g/green-shoots.asp#:~:text=Ben%20Bernanke%20used%20the%20term,we%20are%20on%20solid%20footing.%22

how are your potted plants doing ....

[Waltzing]

In order to cut costs could retail suddenly find the low hanging fruit will be the ESG report staff?

and the time and cost of interacting with the organisations that want to monitor these public companties?

[KW]

In order to cut costs could retail suddenly find the low hanging fruit will be the ESG report staff?

and the time and cost of interacting with the organisations that want to monitor these public companties?

In an environment where money is no longer free, and shareholders are demanding returns or taking their money elsewhere, ESG lack of return is becoming more apparent.  

https://edition.cnn.com/2023/10/23/investing/premarket-stocks-trading/index.html
ESG investing is dying on Wall Street. Here's why

[kiwi2007]

In order to cut costs could retail suddenly find the low hanging fruit will be the ESG report staff?

and the time and cost of interacting with the organisations that want to monitor these public companties?

SmartShares seem really keen on ESG - Now six ESG funds to choose from. Doing quite well too (as much as I hate to say that). Looks like the pendulum has swung firmly their way. It will of course swing back as pendulums always do (or do they?).

  https://smartshares.co.nz/types-of-funds

[Waltzing]

If Chump a Dump Trump gets in ESG on wall street will go out the window and Jamie D says hes great for business...

Now we grew up on green with the book "One Planet" but thats another story and off topic....

If inflation is down by xmas a winter SP stock slump in retail may be an OPPO..

but the COMP PROPS popped a bit today indicating some money coming out fix yield is making its ways back into the market ?

[Waltzing]

https://www.abs.gov.au/statistics/industry/retail-and-wholesale-trade/retail-trade-australia/latest-release

[KW]

https://www.abs.gov.au/statistics/industry/retail-and-wholesale-trade/retail-trade-australia/latest-release

 Australia's retail sales tumbled in December by the most since the depths of the 2020 Covid-19 lockdowns as cost of living pressures erode the budgets of households.
Data from the Australian Bureau of Statistics, released on Tuesday, shows total retail turnover fell 2.7 per cent in December, compared to a 1.7 per cent decline that markets had expected prior to the release of official data.
A monthly decline of 2.7 per cent is the worst result for the series since a 4.2 per cent drop in August 2020 when Melbourne was subject to strict lockdowns that forced many industries to pause as a result of Covid-19.

[Hectorplains]

Look at the three sectors where the falls are biggest. It'll be interesting to see the impact on NZ retail stocks with Aust exposure in those sectors - HLG, KMD etc.

[Shareguy]

https://www.9news.com.au/national/australian-news-godfreys-group-enters-voluntary-administration/1cb0f920-4665-4823-8e95-175e9c67ba53

[KW]

Look at the three sectors where the falls are biggest. It'll be interesting to see the impact on NZ retail stocks with Aust exposure in those sectors - HLG, KMD etc.

The Aussie Labor Govt just canned their upcoming tax cuts as well.  Just like NZ Labour - campaigned on a promise not to do that, then went and did that.

[Waltzing]

Aus inflation outlook coming down interesting to see where the 1st qtr will be....

 "For December alone, CPI was 3.4%, also lower than the 3.7% pace predicted by economists."

[LaserEyeKiwi]

Axios with a remarkable little article titled: "The retail apocalypse never happened"

https://www.axios.com/2024/01/31/cre-retail-commercial-real-estate-crash-vacancy

A good retail space is getting harder to find with the vacancy rate for shopping centers nationwide at a 15-year low.

Why it matters: The COVID-era doomsday predictions were wrong.

What they're saying: We haven't seen the apocalypse everyone was expecting, Thomas LaSalvia, head of commercial real estate economics at Moody's Analytics, tells Axios.

Retail commercial real estate is "back for good," per a recent report from Cushman & Wakefield, a real estate services firm.

By the numbers: The vacancy rate at U.S. shopping centers — essentially any retail spaces outside the mall — fell to its lowest level since Cushman began tracking in 2007.

Average asking rents in the sector were 4.1% higher in Q4 compared with a year earlier. They're up 17% cumulatively from 2019, and 41% over the past decade, per Cushman.

Zoom out: Demand for retail space stayed strong overall in 2023 thanks to a growing economy and strong labor market that kept Americans shopping. Retail sales were up 3.2% in 2023 from the previous year.

[Waltzing]

Tak for the post LEK.. great news for the US market and im sure winner(n) will be waiting to chart the results ..  pastels at the ready..

Maybe no landing required with US job numbers out tomorrow?

[Waltzing]

https://www.nzherald.co.nz/business/january-consumer-spending-up-hospitality-spending-drops/IPPCS7BJWZHWNBUMWUPGLQ5QSI/

[Waltzing]

https://www.nzherald.co.nz/nz/queen-street-an-economic-powerhouse-but-businesses-struggling/I6SVXYXL7NCORIWM4NC4TO5AXA/