Michael Niemira

S&P 500 Rebounds Toward Record on Housing, Orders Data

The Standard & Poor’s 500 Index rebounded to within two points of its record after orders for U.S. durable goods climbed more than forecast in February and home prices increased the most since June 2006.

U.S. Holiday Sales Rise 0.7% as Washington Hurts Confidence

U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said.

ICSC’s Niemira Says Shopping Centers Getting Smaller (Audio)

Michael Niemira , chief economist of the New York-based International Council of Shopping Centers, says there is a trend toward "smaller footprints" for shopping centers. Niemira talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."

Retailers' Sales Rise Most in 4 Years, Overcoming Job Concerns

U.S. retailers’ sales are growing at the fastest pace in four years, a sign consumers may be overcoming concern about unemployment and depressed home values.

Hilfiger’s Pricing Power Shows Apparel Profit Holds Up

Retailers are managing to increase prices and pass on higher costs to shoppers, even in the face of concern that an economic rebound is waning.

Americans Buy IPads While Broke in New Abnormal Economy

In March, Ralph Ronzio went to a warehouse in a seedy part of Orange County, California, and watched a man auction off his condo for half what he’d paid for it. Ronzio had bought the place for $329,000 in 2005, when he moved to Southern California from Rhode Island to take a job at a data-storage company. It was the first place he’d ever owned.

Holiday Profit Seen Higher as U.S. Stores Limit Deals

Washington and Hurricane Sandy weren’t able to ruin everything for retailers this year.

Work-Seekers Hope For Holiday Spirit as U.S. Stores Expand: Jobs

Phil Lubov wore his favorite striped blue tie and brought a stack of resumes, aiming to land a holiday-season sales job to replace the retail position he lost in May. Part-time journalism teacher Gabe Walker said he arrived early, trying to boost his income.

Stores Pay Price for Holiday Deals

Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever -- especially stores that cater to middle-income shoppers.

Back-to-School Sales May Be Little Changed as Economy Slows

Back-to-school spending in the U.S. may be little changed from a year earlier as customers reject higher clothing prices and the slowing economy restrains electronics purchases.

"An abnormally cold bout of weather in eastern two- thirds of the country brought a chill to consumers and their interest in spring goods-- especially apparel."

- Michael Niemira on Mar 26, 2013

New York

International Council Of Shopping Centers

Washington

Massachusetts

Yen Slides While S&P 500 Index Futures Are Little Changed

Housing Crash Fades as Defaults Decline to 2007 Levels

Gold Bulls Split With Buffett as Traders Say Sell: Commodities

Asian Stocks Outside Japan Rise on U.S. Jobs Growth

Syria Threat Over Israel Air Strike Risks Wider Conflict