Wholesale inventories, sales plunge in October
...in at least 39 years. Costco Wholesale Corp., usually a strong performer, reported a bigger-than expected sales drop. Abercrombie & Fitch Co., Kohl's Corp. and Macy's Inc. all reported sales declines of more than 10 percent. One notable exception was Wal-Mart...
Wholesale inventories, sales plunge in October
WASHINGTON Wholesalers cut back on their inventories in October by the largest amount since the period following the 2001 terrorist attacks while they watched their sales plunge by a record amount.</p><p>Analysts predict more grim news in the months
Wholesale inventories, sales plunge in October
The inventory decline was much bigger than the 0.2 percent decrease economists expected.
Sales at the wholesale level plunged by 4.1 percent in October, the largest decline on record.
The huge declines in inventories and sales provided further
The worst offenders on your holiday shopping list
Right about this time every year, when we?ve heard enough cheesy songs and seen enough pretty lights to totally immerse us in the giving spirit, we hit a wall. Our spirit is tested.
We reach the bottom of our shopping list.
You might think that?s a
Wholesale inventories plunge in October
...in at least 39 years. Costco Wholesale Corp., usually a strong performer, reported a bigger-than expected sales drop. Abercrombie & Fitch Co., Kohl's Corp. and Macy's Inc. all reported sales declines of more than 10 percent. One notable exception was Wal-Mart...
Wholesale inventories, sales plunge in October
WASHINGTON ? Wholesalers cut back on their inventories in October by the largest amount since the period following the 2001 terrorist attacks while they watched their sales plunge by a record amount.
Analysts predict more grim news in the months ahead
Holiday Stock Picks for the Unemployed Banker
Last week?s news that the unemployment rate is soaring wasn?t met with surprise; but what is news is how many educated and employable people are jumping on the jobless bandwagon. As the Economix blog smartly reports, the number of college graduates
Death by Shoppers -- Haunted by Wal-Mart
It's almost Christmas, but Thanksgiving still haunts me. Let me explain by way of a detour. You see, I've always been afraid of being eaten alive by a wild animal. My heart always goes out to the surfer who is chomped to bits by a shark in the
Inc.com Blogs: Abercrombie & Fitch Holds Firm
The November comps reported by large corporate retailers were brutal for the second month in a row. Once again, the only significant player to report an increase was Wal-Mart. Most everybody else reported drops of between 10 and 15 percent. To be fair,
Some (but not all) retailers happy to do the pre-Christmas discount dance
Rather than waiting for interest-rate cuts to filter through the economy, Canadian retailers are offering their own stimulus package by mounting early and deep discounts rarely seen before Christmas.
Some retailers, such as Sears Canada Inc., which
