The normal pattern is for a stock to rise if a company's earnings beat forecast, but for much of the current reporting season, that just didn't happen. Read More...
TheStreet.com
Do People Really Want Super-Fast Delivery?
Actor Sarah Jessica Parker who plays the protagonist, writer Carrie Bradshaw, on HBO’s popular TV series “Sex and The City,” once famously said on the show, “Shopping is my cardio.” New data shows American consumers want to limit price hikes on groceries and other home goods and are less willing to pay a premium for rapid delivery than they were last year. “Additionally, with inflation hitting levels that have not been seen in the U.S. in 40 years, consumers who are looking to mitigate price increases on groceries and other household essentials are more hesitant to pay a premium for ultrafast delivery than they would have been last year,” said Euromonitor Senior Consultant Bob Hoyler in a blog post for Retail Dive.
