Post by
CarefulSpec on Nov 23, 2022 11:57am
Retail sales
September retail sales for clothing retailers were very strong at +1.5%. Reitmans.com September website traffic also saw a huge surge. Given some better than expected numbers on other clothing retailers the backdrop here for the earnings report in December looks favorable.
Comment by
TheCount11 on Nov 23, 2022 12:20pm
Interesting. What would explain the difference between Reitmans.com website traffic and Google search for Reitmans which is lumpy?
Comment by
CarefulSpec on Nov 23, 2022 1:27pm
I don't have a definitive answer, but if I was going to Reitmans I would just type reitmans.com. I'm not sure that many people search for a unique company name when they can safely assume it's [company name].com. Or it could be that traffic measurements are wrong.
Comment by
TheCount11 on Nov 23, 2022 7:31pm
True Google trends is probably better guage of customer aquisition. Unfortunately Google trends predictive value is very low for Reitmans