Reflections of a Newsosaur: Retail slump will gut newspaper ad sales
The unprecedented meltdown in retail sales in the fourth quarter of last year all but assures that newspaper advertising sales in 2009 will fall another 17% ? or more ? on top of a similar plunge in 2008.
Assuming the projection detailed below proves
The Grinch Stole Christmas: Retail Sales Plunged 4 Percent in December
This past Christmas, retailers were hoping that Americans would ignore the recession and open their wallets to the temptation of slashed prices. But, according to the latest wave of dismal economic news, that hope of high sales proved to be in
JCTV Asks: What Are You Buying?
Last year ended on an uncertain note. It was one of the most dismal retail years on record, which called for deep discounts everywhere and store closings from Tracey Ross to Linda Dresner. With consumers holding tight to their wallets, stockists
Revenge!!!
oops. Just noticed that was mentioned in the article anyway.
I find much amusement with your gripes against Macy's--I've never had a problem with them, and actually come away with great deals on some of the things I find.
Of course, I have to say this
Wal-Mart News Weighs on Stocks
Also, while initial jobless claims fell 24,000 to 467,000 last week, continuing claims surged above 4.6 million. The news comes ahead of Friday's report on December nonfarm payrolls, which are expected to fall 490,000. Also on Thursday, a report on
Retailers report dismal December sales
...a 12.5 percent decline, larger than the 11.9 percent analysts expected, as its Arden B chain dragged down results. Abercrombie & Fitch Co. reported a 24 percent drop, in line with the 23.5 percent drop analysts had forecast. Kitchen gadget chain Williams-Sonoma...
Retail sales drive down world markets
LONDON World stock markets fell today on mounting concerns about global economic growth as leading U.S. retailers revealed they are feeling the pinch.
The latest bout of jitters was stoked by a raft of dismal trading updates. Among the many retailers
JCTV Launches
We're thrilled to announce the arrival of JCTV, our newly launch video section. With JCTV we will broadcast ordinary, fashionable folks giving their opinions on a variety of subjects. Our topics will change weekly and we'll fan across the globe
"It wasn?t until I clicked through a hyperlink ... [Hard Times Are Hard]
"It wasn?t until I clicked through a hyperlink for 'A&R Jobs' that I stumbled upon the sad reality of the music business in 2009: There?s an Abercrombie & Fitch in Columbus, Ohio, that would love to use your A&R talent as a Front Desk Associate." [
Brean Murray Upgrades Aeropostale (ARO) from Sell to Hold
ARO) from Sell to Hold.
Brean analyst says, "We are upgrading ARO and increasing our EPS projections for FY09 to $2.13 (from $1.97) and FY10EPS to $2.18 (from $1.98) after the company shocked us and announced solid positive comps for December. While
