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Stock impact report

US retailers watch Black Friday sales for a hoped-for holiday halo effect [Yahoo! Finance Canada]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
This year's kickoff arrived as consumer confidence in the U.S. economy fell this month in the aftermath of the federal government shutdown weak hiring and stubborn inflation, according to a report The Conference Board issued Tuesday. Many retail executives have reported customers becoming more discerning and increasingly focused on deals while at the same time remaining willing to splash out for important occasions like the start of the school year and the winter holidays, creating a halo effect. “Consumers have been saying the economy is terrible while continuing to spend for years now, so the outlook is probably better than they are telling us,” Bill Adams, the chief economist at Comerica Bank, said this week of shoppers' moods heading into Black Friday. At Macy's Herald Square flagship store in New York City, a steady stream of shoppers went hunting for deep discounts on clothes, shoes, linens and cosmetics soon after the store's 6 a.m. opening. Among the busiest sections wa Show less Read more
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