New jobless claims drop more than expected
WASHINGTON -- The number of newly laid-off workers seeking unemployment benefits fell last week, the government said today, a sign that the job market is making gradual improvement.
Job losses are likely to slow in coming months, economists said, a
Sales drop shows U.S. retail pressure continues
Still, chains including Macy's Inc and Gap Inc gave upbeat profit forecasts even though sales fell, as they discounted less merchandise and cut costs, and margins improved.
Rising unemployment, cool weather and a lack of tax-free holidays like those
Sluggish July sales show tight-fisted consumers
NEW YORK Shoppers, worried about job security and finding fewer options among the sales bins, remained tight-fisted in July, resulting in sluggish sales for many merchants and raising concern about the back-to-school shopping season's health.
As
Consumers get tightfisted; July sales slump
Urban Outfitters' Anthropologie store at 18th & Walnut Streets. The Philadelphia-based chain said that its second-quarter same-store sales fell 6 percent on declines at its Anthropologie, Free People and namesake stores.
NEW YORK - Shoppers - worried
July retail sales show pressure continues
July's results mark the 11th consecutive month of falling sales at stores open for at least one year, a measure known as same-store sales.
A few chains, including Macy's Inc , gave upbeat profit forecasts even though sales fell, as they discounted less
Sluggish July Sales Show Tight-Fisted Consumers
In this July 31, 2009 photo, Sheika Smith, 26, of the Bronx, applies eye make up at the Sephora...
In this July 31, 2009 photo, Sheika Smith, 26, of the Bronx, applies eye make up at the Sephora counter of the new JC Penney store in the Manhattan Mall
Abercrombie & Fitch Reports July Sales Results
A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this Press Release or made by management of A&F involve risks and uncertainties and are subject to change
Abercrombie & Fitch July same-store sales down 28%
NEW YORK (MarketWatch) -- Abercrombie & Fitch Co. (anf) said Thursday that its July sales at stores open at least one year fell 28%. Analysts, on average, had expected same-store sales to fall 25%, according to Thomson Reuters. Total net sales for the
