In March Retailing Report, Bright Spots Are Few
Only a handful of chains on Thursday reported an increase in sales at stores open at least a year, a measure of retail health. Wal-Mart Stores, the nation?s largest retailer and a bellwether for the industry, had a 1.4 percent increase over March 2008,
Autozone and Genuine Parts: Auto Stocks Enjoying the Recession
As consumers delay in purchasing new cars, they are forced to perform additional maintenance on their existing cars. The primary beneficiary of this phenomenon and one of the few industries experiencing success in this downturn are retail auto parts
Lindsay's "Makeover" & "Meltdown" [Dirt Bag]
Madonna is planning to build a home in Malawi. Hmm, maybe if she becomes a resident, she can adopt? [The Sun]
Buffy is gonna be a mommy! Sarah Michelle Gellar and hubs Freddie Prinze Jr. are expecting their first child in the fall. [People]
Spencer
Abercrombie & Fitch Cut To Market Weight By Thomas Weisel
If you throw all the products we buy and the services we use in one basket, then add up the price tag, that's the Gross
Domestic Product, which is the primary metric economists use to assess the economic health of a country or region.
The
easy part
Abercrombie & Fitch cut to market weight by Thomas Weisel
NEW YORK (MarketWatch) - Teen retailer Abercrombie & Fitch Co. (ANF:
,
,
)
, known for its strategy not to discount in-season products, was cut to market weight from overweight by analyst Liz Dunn at Thomas Weisel Partners. The analyst also cut her
Abercrombie's March sales tumble
The tough retail environment continued to pummel Abercrombie & Fitch last month although
March sales numbers for U.S. retailers as a whole were down only slightly from year-ago levels.
The New Albany-based purveyor of pricey casual clothing for young
Banks Bounce Back
While the banking sector looks to be resurgent, the same cannot be said of retailers. There are very few bright spots in the March retail report, The New York Times writes. Using the Goldman Sachs retail composite index, overall retail industry sales
Major retailers see some light even in falling March sales
March retail sales indicate Americans must be sprucing up, planting gardens and maybe planning some outdoor entertaining.
When Wal-Mart's sales rose less than expected in March, many cited Easter's shift to April this year as a bigger drag on the
Wells Fargo earnings surprise sends market higher
reported lower-than-expected sales in March, sending its shares down 3.7 percent. It was one of only three stocks to fall among the 30 that make up the Dow industrials.
NEW YORK ? Stocks surged today to their highest levels in two months after banking
March has retail momentum
Retailers released their March sales results Thursday, and while year-over-year sales declined for the sixth consecutive month, analysts saw some signs America's consumer-spending slump could be turning around.
Many retailers noted that March ended
