A partial list of retailers covered in the ForecastIQ and expectations for same store sales growth/decline for the next 75 days follows: Almost certain to see increase Almost certain to see decline BJ's Abercrombie & Fitch Buckle American Eagle Costco Banana Republic Family Dollar Bonton Hot Topic Chico's Sam's Club Dillard's Walmart Gap Neiman Marcus Nordstrom Saks Likely to see increase Likely to see decline Children's Place Pacific Sun Fred's Stage Ross No change (flat) Aeropostale CatoActual forecasts for each retailer can be accessed through a 30 day free trial of ForecastIQ by visiting http://www.forecastiq.com/. "As a whole, the performances of discounters and warehouse clubs are expected to be the same or slightly improved, while same-store sales at department and specialty stores show the largest decline," said Allenby. "One exception is Buckle, who is expected to continue to post a double-digit increase in same-store sales through February." ForecastIQ was developed by Prosper Technologies and Allenby by analyzing over 7 years of data from BIGresearch's monthly Consumer Intentions & Actions (CIA) surveys. Allenby analyzed same store sales of over 37 publicly held retailers and applied Bayesian quantile analysis to the data including whether or not consumers said they plan to spend more, same or less. The results are accurate and for the first time provide a forecast of consumer spending 75 days in advance. Same store sales forecasts are provided by percent growth over the next 45 and 75 day period. Short term forecasts are also available via enhanced consensus estimates. About Prosper Technologies: Prosper Technologies develops consumer centric analytics such as ForecastIQ from consumer responses to help businesses forecast consumer demand and expenditures, budget marketing and merchandising allocations and provide retailer specific cross consumption behaviors. ForecastIQ is a forecast of same store sales for 37 retailers based upon future spending plans of consumers derived from BIGresearch's monthly Consumer Intentions and Action survey (CIA). Forecasts are 45 and 75 days forward and also include an enhancement to the consensus currently provided in the marketplace. For more information: http://www.goprosper.com/forecastiq-info.pdf
Contact Information: Contact: Phil Rist 614-846-0146