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MAY 20, 2020

Coca-Cola CEO James Quincey said he is not anticipating a fast economic rebound now that the world is reopening for business. The Federal Reserve Bank of Atlanta is forecasting that the national GDP will drop by nearly 43 percent in the second quarter — the worst since World War II.

Economics 91

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CFO News Room

NOVEMBER 15, 2022

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. s retail insights division. from 2021 to $188.2 Kroger CIO Yael Cosset. Goya Foods Inc.

Startups 100

Startups Retail Economics Technology 100

CFO News Room

NOVEMBER 5, 2022

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending by its customers. in premarket action after a weaker-than-expected sales forecast.

Profit and Loss 130

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CFO News Room

NOVEMBER 17, 2022

The retailer also raised its guidance for full-year per-share earnings. It also raised its earnings forecast for the year but left its revenue guidance unchanged. . BJ’s Wholesale – Shares dropped 6% despite the company reporting beats on the top and bottom lines and raising its full-year forecast for per-share earnings.

Forecasting 130

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DECEMBER 23, 2020

Liu Xiangdong, a deputy director of the China Center for International Economic Exchanges in Beijing, told CNBC that China has not seen large-scale bankruptcies of small businesses. The Asian economic powerhouse is expected to be followed by South Korea at 1.6 percent against a forecast of 5.1 percent), Russia (0.2 percent).

Economics 69

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JANUARY 11, 2021

retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

Retail 82

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JULY 24, 2020

Britain’s stores have become the envy of the retail world. Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month when so-called non-essential stores in England reopened. In June, sales volumes increased by 14 percent from May, surpassing forecasts in a Reuters poll of economists. Sales were off 1.6

Retail 75

Retail Forecasting Sales Economics 75

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JULY 5, 2019

The same principal holds true when it comes to forecasting cash flow. The traditional task of cash flow forecasting supplemented by machine learning and artificial intelligence, “can provide users with more accurate visibility into future cash liquidity positions and suggested actions to take based on those predictions,” she said.

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

CFO News Room

NOVEMBER 4, 2022

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 PayPal — PayPal slid 5% after lowering its annual revenue growth forecast. Net sales rose 3.35

Profit and Loss 130

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FEBRUARY 9, 2017

The National Retail Federation (NRF) released its 2017 Economic Forecast this week. The NRF’s chief economist, Jack Kleinhenz, said, “It is clear that online sales will continue to expand in 2017 and provide growth for the retail industry. Retailers must decide what to do with their traditional brick-and-mortar stores.

Forecasting 45

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MAY 22, 2020

The world’s second-largest economy is opting not to set any economic growth forecasts due to the continued economic uncertainty triggered by the global coronavirus pandemic. It had originally forecast 6-6.5 In 2019, China’s economy grew 6.1 percent, its lowest point in almost 30 years. percent growth for the year.

Economics 61

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Future CFO

OCTOBER 11, 2022

The face of retail has been changing since the start of digital transformation. Many traditional retailers have witnessed the rise of Amazon to dominate retailing – changing how consumers engage and make purchases. What is certain at this moment is that the evolution of retailing will continue. The toughest period.

Retail 98

Retail CFO Finance Sales 98

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DECEMBER 24, 2019

Exceeding forecasts , Dec. 21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 billion and that exceeded 2019 Black Friday sales by 10 percent.

Sales 74

Sales Retail Forecasting Economics 74

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NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. Fears of economic freefall are mounting as the U.S. The second-biggest banking deal in the U.S. since the Great Recession is moving forward for $11.6 billion, following weeks of talks.

Forecasting 57

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JULY 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. After all, the pandemic has hit retail perhaps harder than any other economic sector, and an awful lot of players probably won’t make it, Green said. “I

Retail 90

Retail Forecasting Economics Technology 90

CFO News Room

DECEMBER 1, 2022

Costco – Shares of retailer Costco shed nearly 6% after the company reported softer-than-expected sales figures for November that could signal a weak consumer heading into the holiday shopping season. Splunk — Splunk’s stock added 13% on solid quarterly results and an upbeat full-year forecast.

Profit and Loss 130

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JANUARY 14, 2021

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Low real estate inventories combined with rising construction costs caused the continued rise of housing market prices.

Economics 63

Economics Construction Transportation Manufacturing 63

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MAY 1, 2020

Retail is not the same as it was at the beginning of 2020 — in fact, it isn’t the same as it was a mere month-and-a-half ago, given the quick and sweeping changes that COVID-19 has brought in its wake. Amid economic uncertainty, certain retailers are adapting and innovating in ways we haven’t seen before,” Molnar told Webster. “In

Retail 79

Retail Forecasting Sales Economics 79

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APRIL 24, 2020

Many of them are owned by families and have been passed through the generations, and have survived rough economic patches. The nation’s economy is forecasted to shrink 9.1 percent this year, per the newest forecasts from the International Monetary Fund (IMF). Owners know it could be a while before shopping habits rebound.

Retail 70

Retail Forecasting Economics 70

CFO News Room

JANUARY 21, 2023

While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.” year over year.

Pharmaceutical 130

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MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

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JANUARY 28, 2020

McKibbin, who are affiliated with Korea University and The Australian National University, said “just calculating the number of canceled tourist trips, declines in retail trade and similar factors is not enough to get the full impact of SARS” because of the linkages within and between economies and sectors. percent to 4.4 Initial Impact.

Economics 66

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SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

Future CFO

JULY 20, 2023

China’s economic growth would stay above target though recovery momentum fades, said Fitch recently. Nonetheless, Fitch said it still expects China’s economic growth to hit5.6% China’s economic growth will be underpinned by accommodative policy settings, in particular for fiscal policy, according to the firm.

Economics 52

Economics Construction Manufacturing Forecasting 52

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers.

Retail 63

Retail Treasury Economics Sales 63

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SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Non-store eCommerce sales for the three-month period June to August showed an increase of almost 12 percent compared to the previous year, according to the Monthly Retail Trade Report.

eCommerce 62

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SEPTEMBER 12, 2019

banks have decreased their targets with an economic environment that is changing, the Financial Times reported. The forecast assumes stable unemployment, GDP growth of 1.5 The company serves over 8,000 restaurants, professional services firms and retailers. Multiple large U.S. Bancorp said at its investor day on Thursday (Sept.

Forecasting 49

Forecasting Accounting Standards Treasury Banking 49

PYMNTS

AUGUST 15, 2019

After a week of uncertainty pushed by lackluster results, particularly among department store retailers, along with uncertainty over U.S.-China China trade relations, the markets got some good news in the form of July retail sales figures. July retail sales saw a 0.7 percent pickup analysts had been forecasting.

Economics 40

Economics Sales Retail Forecasting 40

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NOVEMBER 17, 2020

retail sales rose 0.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 percent. .

Sales 53

Sales Retail Forecasting Numbers 53

CFO News Room

DECEMBER 9, 2022

The firm’s analyst cited falling demand amid weaker economic conditions. after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. However, the retailer also said it expected business trends to deteriorate. Broadcom — Broadcom gained 3.1%

Restructuring 130

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JUNE 10, 2020

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

Retail 56

Retail Forecasting Communication Education 56

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JANUARY 16, 2020

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. Retail sales rose 0.5 The retail “control group” sales rose 0.5 percent, which was a bit higher than a median forecast in a Bloomberg economist survey. Retail sales rose 3.6

Sales 52

Sales Retail Forecasting Economics 52

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FEBRUARY 14, 2020

With data indicating that consumer spending is still strong, retail sales – which are an indication of purchases at restaurants, stores and online – rose a seasonally adjusted 0.3 The results meet the forecasts of economists polled by The Wall Street Journal. economy, which comprises over two-thirds of economic output.

Sales 56

Sales Retail Healthcare Forecasting 56

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NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,”

Forecasting 46

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APRIL 10, 2020

The National Bureau of Statistics will put forward its estimates for Q1 economic production, investment, consumption, and international trade in the week to come. In recent times, the economic activity of China has provided some indications of recovery from the coronavirus crisis.

Transportation 92

Transportation Economics Forecasting Sales 92

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JULY 27, 2016

Retailers might want to rejoice! percent instead of the previously forecasted 3.1 percent, the National Retail Federation said on Tuesday (July 26). Economic indicators are showing positive trends for retail,” NRF President and CEO Matthew Shay said in a statement.

Retail 40

Retail Sales Forecasting Economics 40

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MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 56

Retail eCommerce Sales Budgeting 56