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Stimulus checks, reopening economy help Target sales hit the mark

Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items......»»

Category: topSource: foxnewsMay 19th, 2021

Economic Report: Stimulus checks ring up 9.8% sales gain for U.S. retailers in March as economy revs up

Sales at U.S. retailers leaped almost 10% in March thanks to $1,400 stimulus checks and an accelerating economy that's likely to stay in the fast lane through the spring and summer......»»

Category: topSource: marketwatchApr 15th, 2021

Economic Report: Stimulus checks ring up 9.8% sales gain for U.S. retailers in March

Sales at U.S. retailers leaped almost 10% in March thanks to $1,400 stimulus checks and an accelerating economy that's likely to stay in the fast lane through the spring and summer......»»

Category: topSource: marketwatchApr 15th, 2021

Benzinga Pro"s Top 5 Stocks To Watch For Thurs., Apr. 23, 2020: TGT, MAR, ZM, GOOD, BECN

Today's 5 Stock Ideas:  Target (TGT) - A play on the US economy reopening. Despite news Thursday morning Target's quarter-to-date same-store sales were up 7% year over year, the stock was down 4% in read more.....»»

Category: blogSource: benzingaApr 23rd, 2020

AutoZone bolstered by stimulus checks, major sales growth in commercial business

AutoZone bolstered by stimulus checks, major sales growth in commercial business.....»»

Category: topSource: bizjournalsMay 25th, 2021

Global stocks climb as Fed officials cool inflation jitters, while bitcoin holds gains after Elon Musk signals support

Officials said temporary factors tied to the reopening economy are driving the faster rise in prices, rather than anything permanent. AP/Mark Lennihan Global stocks rose on Tuesday as.....»»

Category: topSource: businessinsiderMay 25th, 2021

Starbucks, Target, Trader Joe"s are dropping mask rules. Why California is stopping them for now

California doesn't plan to adopt the CDC's masking guidelines until June 15 — the target date for reopening the full economy.California doesn't plan to adopt the CDC's masking guidelines until June 15 — the target date for reopening the full economy......»»

Category: topSource: latimesMay 18th, 2021

Walmart hikes profit forecast as stimulus checks boost sales

Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates......»»

Category: topSource: foxnewsMay 18th, 2021

DoorDash attributes Q1 sales growth to stimulus checks

DoorDash released its earnings report on Thursday, which showed that revenue grew to $1.1 billion, which is a 198% year-over-year increase......»»

Category: topSource: foxnewsMay 15th, 2021

April US retail spending hits new record but lands below estimates as stimulus fades

Sales edged slightly higher, by just $136,000, after stimulus checks and expanded unemployment ben.....»»

Category: topSource: businessinsiderMay 14th, 2021

Economic Report: Consumer spending soars in March after Americans get $1,400 stimulus checks

Consumers splurged on new cars, recreational goods and takeout food in March after most Americans received $1,400 government stimulus checks, giving a big shot in the arm to an economy still recovering from the coronavirus pandemic......»»

Category: topSource: marketwatchApr 30th, 2021

The economy grew 6.4% in Q1 as stimulus checks, COVID-19 shots, looser business constraints spurred more spending

The economy grew 6.4% in Q1 as stimulus checks, COVID vaccine shots set off shopping sprees. The showing defied .....»»

Category: topSource: usatodayApr 29th, 2021

The economy grew 6.4% in Q1 as stimulus checks, COVID shots, looser business constraints spurred more spending

The economy grew 6.4% in Q1 as stimulus checks, COVID vaccine shots set off shopping sprees. The showing defied .....»»

Category: topSource: usatodayApr 29th, 2021

3 charts show how the US economy roared back to life in April

Fresh stimulus and gradual reopening had a positive effect on the economy, but UBS f.....»»

Category: smallbizSource: nytApr 27th, 2021

$1,400 stimulus checks send Americans shopping: March retail sales soar 9.8%

Newly vaccinated and armed with $1,400 sti.....»»

Category: topSource: chicagotribuneApr 15th, 2021

US stocks surge to record highs as jobless claims hit pandemic-era low and retail sales surge

Strong retail sales data and a drop in weekly jobless claims served as a signal to investors that the reopening of the US economy is progressing. Xinhua/Wang Ying/Getty Images US stocks c.....»»

Category: topSource: businessinsiderApr 15th, 2021

Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening

The bounce nearly doubled the median estimate for a 5.8% gain and places sales at their highest level since data collection began in 1992. AaronP/Bauer-Griffin/GC Images US retail sales surged 9.8% in March to a record $619.1 billion, the.....»»

Category: topSource: businessinsiderApr 15th, 2021

: Strategist: Don’t be surprised to see double-digit retail sales growth

March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager......»»

Category: topSource: marketwatchApr 14th, 2021

Biden says more than 100 million stimulus checks have gone out so far, "and millions more will be getting their money very soon"

Biden also touted other signs of growth in the economy since the passage of the American Rescue Plan, adding, "Help is here and hope is on the way." Joe Biden. AP Bi.....»»

Category: topSource: businessinsiderMar 25th, 2021

Data suggest retail investors have gone into "hibernation" and the pause could put crypto stocks and reopening trades at risk, Vanda Research says

Retail investors are lagging the S&P 500's performance, leaving them reluctant to pour their $1,400 stimulus checks into stocks, says one firm. Images By.....»»

Category: smallbizSource: nytMar 24th, 2021

Many Americans using their stimulus checks to dabble in the stock market: ‘Whatever. I’ll give it a shot’

The government sent stimulus checks out to prop up the economy. They may also be propping up the stock market.The government sent stimulus checks out to prop up the economy. They may also be propping up the stock market......»»

Category: topSource: chicagotribuneMar 21st, 2021