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Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective. Retail sales excluding autos and gasoline unexpectedly fell 0.1 Retail 0.6

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Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

MishTalk

This morning the Fed reported Industrial production declined. Industrial production decreased 0.3 percent, partly because of the severe weather that curtailed production in some regions of the country. percent, partly because of the severe weather that curtailed production in some regions of the country. Clothing up 0.5%

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Why U.S. Grocery Chains Need More (and Better) Store-Brand Products

Harvard Business

In 2017, German discount grocery retailers ALDI and LIDL announced plans to open hundreds of new stores across the United States. Also in 2017, online retail giant Amazon bought Whole Foods, and has been rolling out a series of experiments in ordering, pricing, and delivery in stores across the country. market share in the country.

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Sales, Earning Estimates Contract First Time Since 2009; US Back in Recession?

MishTalk

From railroads to manufacturers to energy producers, businesses say they are facing a protracted slowdown in production, sales and employment that will spill into next year. whose products range from kitchen sponges to adhesives used in automobiles, said it would lay off 1,500 employees, or 1.7% Caterpillar Inc.

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December Retail Sales Negative; Other Economic Data Horrid

MishTalk

Despite glowing reports of last minute Christmas sales, none of which I believed, December retail sales are best described as awful. Retail sales proved disappointing in December, down 0.1 December winds up what was a not-so-great year for the nation's retailers. But sales at non-store retailers rose only 0.3

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How Customers Come to Think of a Product as an Extension of Themselves

Harvard Business

That’s when consumers feel so invested in a product that it becomes an extension of themselves. Companies that encourage psychological ownership can entice customers to buy more products, at higher prices, and even to willingly promote those products among their friends. It’s called psychological ownership.

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Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

A global survey of over 5000 CEOs revealed that greater than 60 percent of organizations anticipate introducing new products or services to fuel their growth. Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009).

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