Fewer layoffs expected as recession winds down
...sales during the back-to-school shopping season. Among the disappointments were Macy's Inc. and teen retailers Abercrombie & Fitch Co. and Wet Seal Inc. Among the few bright spots was discounter TJX Cos., operator of the T.J. Maxx and Marshalls chains, which...
Briefcase
STAFF AND WIRE REPORTS
NEW YORK
Investors shuffled through the final day of trading before the government's July employment report.
Ahead of the numbers, the Dow fell 24.71, or 0.3 percent, to 9,256.26.
The Standard & Poor's 500 index lost 5.64, or 0.
Layoffs may slow down as jobless claims sink
WASHINGTON In a positive sign for the economy, companies are laying off fewer workers as they prepare to ramp up production to replenish their depleted stockpiles of goods.
Many analysts pointed to Thursday's drop in jobless claims as evidence of a
Layoff numbers down - Fri, 07 Aug 2009 PST
WASHINGTON ? In a positive sign for the economy, companies are laying off fewer workers as they prepare to ramp up production to replenish their depleted stockpiles of goods.
Separately, many retail chains reported sluggish July sales Thursday as
July sales sluggish; consumers frugal
...mall-based apparel stores faring the worst. Among the disappointments were Macy's Inc. and teen retailers Abercrombie & Fitch Co. and Wet Seal Inc. The few bright spots were apparel discounters like Ross Stores Inc., and TJX Cos., operator of the T.J. Maxx...
Frugal shoppers hurt July sales
NEW YORK -- Shoppers remained tight-fisted in July, raising concern about the back-to-school and holiday shopping seasons as well as for the broader economic recovery.
The big worry is that frugal parents will focus on outfitting their children this
Retail sales still truant as school year looms
Ample discounts and the start of back-to-school season failed to entice consumers in July, prompting more bad news for the battered retail industry.
Total retail sales fell 5.1 percent over a year earlier, according to Thomson Reuters' survey of 30
Retail sales keep falling as stores brace for worse
NEW YORK ? Shoppers remained tight-fisted in July, raising concern about the back-to-school and holiday shopping seasons, as well as for the broader economic recovery.
The big worry is that frugal parents will focus on outfitting their children this
Apparel chain stocks up on hopes for second half
At the same time, some retailers that actually posted sales gains on Thursday, including Aeropostale Inc , Buckle Inc and Chico's FAS Inc , saw shares fall.
"You're seeing a very forward-minded investor. So they're overlooking near-term results and
