Retailers, losing traffic, maximize on those already inside
That was among the questions being raised at the retail industry's biggest annual event, which featured top retail executives from Wal-Mart Stores Inc. (WMT:
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and J.C. Penney Co. (JCP:
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to Polo Ralph Lauren Corp. (RL:
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and
The Buckle Belts Competitors
At the time, consumers were growing pessimistic, and the stock market was plunging. But September comparable-store sales increased 19.7% and October sales rose 14.5%. And third-quarter net sales jumped 25.7% from a year earlier, while net income
America takes a holiday from shopping
RETAIL sales fell in December for a sixth consecutive month as Americans pocketed their credit cards and cut back on spending, despite shops offering discounts of as much as 80 per cent.
Sales at department stores, restaurants, petrol stations and a
Poor retail sales send stock markets lower
NEW YORK ? Stocks slid the most in six weeks Wednesday after retail sales decreased at more than twice the rate forecast by economists and concern grew over the future of Citigroup Inc.
General Electric Co., Macy's Inc. and American Express Co. tumbled
