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1Q2015 Recap

Current Retail Business Environment
1. Gas Did Not Stay Below $2 per Gallon
2. April US Retail Sales Flat, Showing Slow Recovery
3. Unemployment at Seven-Year Low; Stores Cut Jobs and More

April 2015 US Same-Store Sales

The four-week period had 28 selling days this year versus 27 selling days last year, reflecting the earlier timing of the Easter holiday. The calendar shift improved this year’s net and comparable sales by 1.5%–2.0%.

Customer Engagement – An Omnichannel Perspective

• Internet shopping is about functionality, not fun • As more shoppers move online, in-store shopping will increasingly focus on leisure shopping and the quality of experience • Online/offline division is becoming artificial as consumers browse, compare and buy across channels • More complex than simply “showrooming”

US Housing Market Chartbook

• Real DPI increased 0.2 percent in February, compared with an increase of 0.9
percent in January, over the preceding month.
• On a year on year basis, the Real DPI per capital in February increased by 3.2
percent, slightly lower than the 3.4 percent in January.
• In general, the Real DPI shows a good sign for the economy

Macroeconomic Chartbook

• For the last 12 months, the all-item index was unchanged before seasonal
adjustment.
• Over the last 12 months the food index rose 3.0 percent and the index for all items
(excluding food and energy) increased 1.7 percent. These increases were offset by
an 18.8-percent decline in the energy index.
• Indexes that have risen over the past 12 months include shelter, medical care, and
new vehicles. Indexes that have declined include airline fares, used cars and trucks,
and apparel.