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First Data estimates 5.4% jump in holiday retail sales

Published 01/10/2018, 10:42 AM
© Reuters.  First Data estimates 5.4% jump in holiday retail sales
  • First Data estimates that retail spending increased 5.4% during the holiday season
  • "A variety of factors created a 'perfect storm' for consumer spending this season, from low unemployment and high consumer confidence, to the soaring stock market and even good weather conditions for most of the U.S.," notes First Data's Glenn Fodor.
  • The electronics (BBY, CONN, GME) and appliances (HD, LOW, WHR) categories stood out with growth rates of 8.3% and 6.9% respectively.
  • The average ticket size for retail brick-and-mortar was $68.57, compared to $103.49 for e-commerce orders.
  • Rebuilding efforts in Houston, Texas contributed to a 31% increase in building materials sales and 22% jump in furniture sales in the region.
  • ETFs: XLY, XRT, VCR, RTH, RETL, FDIS, FXD, EMTY, RCD, PMR, CNDF, FTXD, JHMC.
  • Now read: Home Depot: Beating My More Aggressive Expectations


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