Confidence
Shoe Carnival announces two-for-one stock split
The US-based retailer of footwear and accessories announced that its Board of Directors has authorized a two-for-one stock split of the company's common stock
UK Retail: Anticipating a new Retail Normalcy
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable
Retail in the UK: weekly footfall rises
Footfall in UK retail destinations rose by 0.5% in the week terminating on the 15th of May, which was driven by a footfall rise of 3.9% cent on UK high streets
Spain Retail: depressed retail and online sales gaining share
The TCF retail Sales Index in Spain is showing some resistance to getting back to the pre-pandemic levels, even if some recovery took place over the second half of 2020. One positive sign seems to come from internet retail, which is gaining share since September 2020. The concern raises as this is being done at the expenses of physical retail. If one needs hope and goods news, those might come from some relative optimism from the consumer side, which might be followed by the retailers. The next few months will be key to see if they persist
US consumer confidence rises to one-year high
According to data by the Conference Board, the US consumer confidence reached a one-year high in March, after a modest increase in February. This is the result of more optimism regarding the economy and the labour market-
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