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Retail Sales

A Kick in the Career: Bailout, Bailout, Who's Got the Bailout?

Thomas Stern | Posted 05.25.2011 | Business
Thomas Stern

It might be time for the government to stop gnashing their teeth about which multinational bank should get the bailout package, and simply throw the cash at the retail sector.

Holiday outlook turns grimmer after dismal October

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

NEW YORK — Retailers suffered through the weakest October in at least 39 years, despite frenzied price cutting as they desperately try to pull i...

Stocks plunge anew as data points to recession

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a stream of disheartening ...

Retail Sales Slip In Sign Of Economic Downshift

New York Times | Michael M. Grynbaum | Posted 05.25.2011 | Business

Retail sales fell sharply in September as consumers shunned department stores, auto showrooms and shopping malls, ratcheting back spending for a third...

A World Where Money Grows On Trees?

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

In the virtual universe, a cornucopia of colorful opportunities await!

More Economists Agree We Are In A Recession

Wall Street Journal | PHIL IZZO, SUDEEP REDDY | Posted 05.25.2011 | Business

Economists in the latest Wall Street Journal forecasting survey are increasingly certain the U.S. has slid into recession, a view reinforced by new da...

Sales, Dollar Plunge; Oil Soars

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Oil hit a record high, the dollar sank again, and consumers stopped buying pretty much everything. Stocks kept gyrating, too, on T...

Shoppers Snap Up Bargain, Avoid Luxe Goods

Los Angeles Times | Leslie Earnest | Posted 05.25.2011 | Business

Retail sales rose more than expected in February as shoppers headed to discounters in search of bargains. But with Americans in no mood to splurge, lu...

US Retail Sales Rebound; Consumers Splurge On Cars, Clothes

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Retail sales posted a surprising rebound in January following a dismal December, although much of the strength reflected rising gas...

Macy's To Shutter 9 Stores, Cut 900 Jobs

AP | Posted 05.25.2011 | Business

Department-store operator Macy's Inc. on Friday said it will shutter nine underperforming stores, which collectively employ nearly 900 staffers, the l...

Stocks Fall After Target Announces Dip In Sales

AP | LAUREN VILLAGRAN | Posted 05.25.2011 | Business

Stocks opened moderately lower Wednesday as investors returned from the holiday to news of weaker-than-expected retail sales. The International Counc...

Retailers Hope For Strong Final Push

Wall Street Journal | Richard Gibson | Posted 05.25.2011 | Business

The final weekend of the holiday shopping season will likely bring a sigh of relief from many retailers who feared that sales would be weak. Although...

Strong Retail Sales Point Wall Street To Higher Opening

AP | LAUREN VILLAGRAN | Posted 05.25.2011 | Business

Wall Street headed toward a higher open on Monday as sales reports indicated a strong start to the holiday shopping season and seemed to ease investor...