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1. April Retail Sales Worst Since 2009
- Friday, May 04, 2012
NEW YORK (AP) – Americans' spending – much like the economy – continues to yo-yo.
Major retailers such as Costco and Macy's reported on Thursday that April revenue rose less that 1 percent in the worst performance since 2009 when the U.S. economy was just coming out of a bad recession.
2. Retailers Report Positive March Sales
- Friday, April 06, 2012
NEW YORK (AP) – Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
3. Holiday Shopping Season is Strong
- Thursday, December 22, 2011
NEW YORK (AP) – The holiday shopping season is wrapping up to be bigger than anyone expected. Now, retailers are holding their breath and hoping consumers will keep spending in the final days before Christmas.
4. Shoppers Say 'Ho-Hum' Not 'Ho-Ho-Ho' to Sales
- Thursday, December 08, 2011
Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blasé about bargains.
Jennifer Beasley recently left a Toys R Us in Cary, N.C., unimpressed by the retailer's offers that day of 50 percent discounts on things like a $150 Sylvania tablet computer and a $45 My Baby Alive Doll.
5. Clothing Prices to Rise 10 Pct Starting in Spring
- Tuesday, February 15, 2011
NEW YORK (AP) — The era of falling clothing prices is ending.
Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped hold down costs. Retailers and clothing makers cut frills and experimented with fabric blends to cut prices during the recession.
6. Holiday Shoppers Came Out to Spend in November
- Friday, December 03, 2010
NEW YORK (AP) – Generous discounts lured American to stores and online for holiday gifts in November, providing cheer and delivering the best gains for retailers in four years.
That raises hopes, already buoyed by reports of crowded malls and early numbers, for a strong holiday shopping season and is an encouraging sign for the economic recovery.
7. Sears Q3 Loss Widens on Poor Appliance, Clothing Sales
- Friday, November 19, 2010
NEW YORK (AP) – Sears Holdings Corp.'s third-quarter loss nearly doubled, dragged down by weak revenue at its long-suffering Sears chain, hurt by poor sales of appliances and clothing.
8. Shoppers May Have the Upper Hand This Christmas
- Friday, October 08, 2010
NEW YORK (AP) – The Christmas shopping season doesn't kick off for another six weeks, but retailers already are signaling they're prepared to discount aggressively if needed to entice shoppers still skittish about spending.
9. Holiday Shopping Off to Mildly Encouraging Start
- Tuesday, December 01, 2009
NEW YORK (AP) - After shoppers gave retailers a somewhat encouraging start to the holiday shopping season, stores now turn their attention to the online promotions known as Cyber Monday and bringing back customers the rest of the season.
10. Consumer Strain: Pens and Notebooks Put on Layaway
- Tuesday, August 25, 2009
NEW YORK (AP) - To gauge consumers' strain, look no further than the rows and rows of plastic bags awaiting layaway payments at Kmart. They are filled with back-to-school basics – not just T-shirts and jeans but notebooks, magic markers and pencils.
11. Fred’s Posts 5% Rise, Other Retailers See Hope
- Friday, May 08, 2009
Memphis-based Fred’s Inc. reported Thursday that same-store sales rose 5 percent in April at the retailer and pharmacy chain as consumers gravitated to discounts amid the recession.
For the four-week period ended May 2, total sales fell 1 percent to $135.8 million, which reflected the closure of 74 stores and 23 pharmacies. Fred’s opened one new pharmacy in April.