MOVERS
ABERCROMBIE & FITCH CO. (ANF) fell 13 percent, the most since Dec. 1, to $18.24. The U.S. apparel retailer known for its shirtless male models said sales at stores open at least a year slumped 30 percent. That's more than the 20 percent decline
Urban Outfitters misses estimates -- a buying opportunity or not?
Urban Outfitters (NASDAQ: URBN), as one might have expected, didn't report a great fourth quarter. It's a fashionable retailer, so you can imagine that consumers, who aren't in the mood to spend top dollar on clothes and accessories, forced the company
February sales drop at slower pace
NEW YORK -- After hibernating since last fall, shoppers might be carefully crawling out of their caves to restock their pantries and buy a few more necessities.
Retailers released figures yesterday showing that sales kept falling in February, but not
February retail sales' minor drop better than expected
Analysts are worried that prolonged problems in the job, credit and housing markets could mean further trouble for the retail sector in the months ahead. Many retailers have recently announced plans to lay off workers, reduce inventory and close stores.
antonio m.'s Review of Ruehl - New York (5/5) on Yelp
Like Caroline A mentions, this boutique smells incredible. As in Chuck Bass, old-money, East Coast prep school yummy.
Great selection of leather belts and handbags. Definitely on the pricey end of 'I'm wearing my boyfriend's slouchy jeans' chic.
This
Retailers beat forecast
Without the lift from Wal-Mart, total sales would have declined 4.1 percent, with apparel chains and department stores remaining the laggards, ICSC said.
"Are retailers out of the woods yet? 'No,'" said Peter Kwiatkowski, who helps manage nearly $19
Caught in the Financial Downdraft
Two days after the administration sought to restore calm to the markets, major indexes yesterday plunged more than 4 percent on a cascade of bad economic and corporate news.
General Motors' auditors raised "substantial doubt" about the automaker's
DESPITE SURGE, RETAIL WORSENS
Retailers posted better-than-expected February sales, but business will soon get bumpier, according to some industry experts. Building on its recent streak, Wal-Mart led the pack with a surprisingly strong 5.1 percent surge in same-store sales, or
Charity swipes holidaymaker's case from step
Ann Marie Daly, who saw Barack Obamas inauguration during her three-week trip to the United States and Mexico, had left the suitcase outside her porch while she dashed inside to see her beloved dogs.
When she got back outside two minutes later, the
U.S. Retail Sales Slide Further
...a director at Barclays Capital Equity Research, ?so we haven?t improved off of that base.? The worst sales declines came from Abercrombie & Fitch, the teenage-apparel retailer, which posted a whopping 30 percent drop. Indeed, clothing retailers continue to...
