Rallying Canadian and U.S. consumer stocks have generally been portfolio must-haves so far this year, but some retail-focused investors are expected to feel the pinch from discount-hungry shoppers heading into a shortened holiday shopping season.
“This holiday shopping season will be more intense than last year since there is one less shopping weekend between Thanksgiving and Christmas Day,” said Chris Christopher Jr., director of consumer economics at IHS Global Insight.
Weeks after European regulators announced they were opening an investigation into Google’s requirements that Android-based devices come pre-loaded with Google apps, the tech company is reportedly poised to put a second, longer-running European antitrust case related to its search behind it, to the tune of a $3.4 billion fine.
Connecting the online and offline world has become the holy grail for many industries and technology companies. While smartphone-toting consumers are accessible much of the time, many spaces still block cell signals and make it difficult to locate a device via GPS.