World stock markets look past US jobless data
...had improved. Next week, many of the U.S.'s larger retail operators post results, including Wal-Mart Stores Inc., Abercrombie & Fitch Co., Macy's Inc and JC Penney Inc. to mention just a few. In Asia, Japan's Nikkei 225 stock average rose 0.7 percent to 9,789.35...
7 Reasons to Worry About Next Week
As exciting as it was to see the Dow poke its head back up over 10,000 yesterday, this morning's spike in the country's unemployment rate shows that we still have a way to go before we can call this an economic recovery.
If that isn't enough to make
Three held in counterfeit goods probe
...boxes and 50 bags of handbags and clothing bearing suspected bogus designer labels including Gucci, Louis Vuitton, Ralph Lauren, Abercrombie & Fitch and O 'Neill. Three local people - a 57-year-old man and two women aged 48 and 54 - have been arrested on...
Many retailers enjoy brighter October
NEW YORK -- Consumers, looking to outfit themselves for cooler weather and enticed by an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of
More wallets opened in October
American shoppers spent a little more in October, handing the nation's stores their second consecutive monthly sales gain after more than a year of declines.
Here's how October played out and what analysts expect for the holiday season:
THE FIGURES:
Oct. shop lift
Retailers reported their best monthly sales in more than a year, bolstering hopes that consumer spending is slowly on the mend. Still, it was a very easy year to beat, and analysts pointed out that momentum had slowed at some chains after an
Lost Marine?s lasting gift
Joan Jose Duran was a guy who was loved for his optimistic spirit.
He once served as the punter for the undermanned Boston Latin School football team, and ?he wasn?t actually a good punter,?? said his teammate, Dan Weissman. ?But he had this can-do
Shoppers, buoyed by sales, weather, boost retailers
...sales declining 5.8 percent, according to Thomson Reuters. That was much lower than analysts' estimates. Sales fell at Abercrombie & Fitch, down 15 percent; American Apparel, down 6 percent; American Eagle Outfitters, down 5 percent; Limited Brands, down 4...
October Results at 30 Major Retailers
...Inc. -6 pct Nordstrom Inc. 6.5 pct Macy's Inc. -0.8 pct Saks Inc. 0.7 pct Stage Stores Inc. -0.1 pct ??? ? Apparel stores Abercrombie & Fitch Co. -15 pct Aeropostale Inc. 3 pct American Apparel Inc. -6 pct American Eagle Outfitters Inc. -5 pct The Buckle Inc....
Retailers miss sales expectations in October
...the recession as consumers hunted for bargains and stayed away from higher-priced teen apparel stores like Abercrombie & Fitch Co. But the company said same-store sales rose just 3% in October, widely missing the average 13.8% increase forecast by analysts...
