Word: jaffee
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"February sales were surprisingly good" considering the snowstorms that blasted across the Northeast and the Mid-Atlantic region, says Richard Jaffe, a managing director at Stifel Nicolaus & Co. "I think things are improving, but I don't think we're out of the woods."
The experimental treatment, called oral immunotherapy, aims to desensitize the body to allergens like peanuts by training the immune system to make peace with them. Most food allergies - whether to peanuts, eggs, milk or shellfish - are a result of the immune system misidentifying a food as a dangerous toxin. The...
Coming off a better-than-expected holiday shopping season, retail experts are growing a bit more optimistic about the outlook for 2010, while consumers are expected to be, um, cheap. "We see a highly frugal consumer being thoughtful and cautious in the way they spend and the way they incur...
In general, retailers that have focused on value, such as TJ Maxx, Kohl's Corp., Aeropostale, Children's Place, the Gap and Old Navy, have fared the best this holiday season and will likely resort to shallower discounts in the last two shopping days, says Jaffe. Best Buy, J. Crew...
Overall, Black Friday weekend sales indicated consumers' mood and the direction of their spending, says Richard Jaffe, managing director at Stifel Nicolaus & Co. Clearly, shoppers "are deeply focused on price and more thoughtful in their spending." (Read a brief history of Black Friday.)