Holiday Outlook Turns Grimmer After Dismal October
...teens stayed away from malls. American Eagle Outfitters Inc. announced a 12 percent drop in same-store sales, while Abercrombie & Fitch Co. suffered a 20 percent drop. But economists say in the Denver area, the retail situation may not be as dire. PattySilverstein...
Wal-Mart Stands As Bright Spot In Retail Sales
...the worst drops in the retail sector: Nordstrom's sales were down 15 percent, Gap fell 15 percent, and Abercrombie and Fitch dropped 20 percent. Required fields are marked with an asterisk(*) Send me a copy of this e-mail. ...
Wall Street hammered by bleak new economy reports
...retailers reporting sales declines last month. Even teens stayed away from malls. American Eagle Outfitters Inc. and Abercrombie & Fitch Co. reported drops in sales. Cisco Systems issued a warning about slumping demand, sending shudders through technology...
Wal-Mart sales up, Target down
...off 1 percent for the month, including international locations, but up 2 percent when just U.S. operations were included. Abercrombie & Fitch (NYSE: ANF) says October same-store sales were down 20 percent versus 2007. Abercrombie?s Hollister Co. stores came...
Retailers report steep sales declines in October
...a bigger decline than the 7.2 percent analysts were expecting. Even teens stayed away from malls. American Eagle Outfitters Inc. reported a steeper-than-expected 12 percent drop in same-store sales, while Abercrombie & Fitch Co. had a 20 percent drop. ...
U.S. Retailers Report Steep Sales Declines For October
...Eagle Outfitters Inc. reported a 12 percent drop in same-store sales, worse than the 8 percent decline predicted, while Abercrombie & Fitch Co. suffered a 20 percent sales drop last month, steeper than the 14.4 percent decline expected. Wet Seal Inc. saw...
Retail sales worst in decade; shoppers cut back
...same-store sales drops. Department store chains like Nordstrom Inc and specialty clothing retailers like Abercrombie & Fitch were among those hit hardest. Shoppers have clamped down on buying discretionary items like clothes or computers and in some cases...
Marketing Daily: With October Sales Way Down, Holiday Winds Icier
...8%, and Macy's 6.3%. While both Buckle (up 14.5%) and Hot Topic (up 8.3%) fared well in the teen sector, most others suffered. Abercrombie & Fitch says its same-store sales tanked 20%, while results at American Eagle Outfitters fell 12%. Wal-Mart, meanwhile,...
Sector Snap: Teen retailers
...one year - fell 7.7 percent overall, according to a poll by Thomson Reuters, while analysts expected a 5.6 percent drop. Abercrombie & Fitch Inc. - which has held its prices steady as competitors have focused on value - reported one of the biggest misses....
Sector Snap: Teen retailers
...one year ? fell 7.7 percent overall, according to a poll by Thomson Reuters, while analysts expected a 5.6 percent drop. Abercrombie & Fitch Inc. ? which has held its prices steady as competitors have focused on value ? reported one of the biggest misses....
