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Editorial Results (free)

1. Clearances, Heat Lured Shoppers to Spend in July -

NEW YORK (AP) – Americans shoppers proved resilient in July, driving a key sales figure up at retailers across the country, despite persistent worry about jobs and the global economy.

Results came in better than expected for many retailers, helped by hot weather and summer clearance sales, an encouraging sign as the back-to-school season, the second-biggest shopping season behind the holidays, kicks off.

2. Fred’s, Other Retailers Report Tepid Sales -

NEW YORK (AP) – Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales for many retailers, including Memphis-based Fred’s Inc.

3. US Jobless Aid Applications Fall to 6-Week Low -

WASHINGTON (AP) – Fewer people applied for U.S. unemployment benefits last week, and a private survey showed hiring picked up in June. The reports offered some hope for the job market after three sluggish months of hiring.

4. Will Shoppers' Increased Spending in May Last? -

NEW YORK (AP) – Americans loosened their purse strings in May, but it may have been a temporary splurge.

Some major retailers such as Target and Macy's on Thursday posted sales increases that beat Wall Street estimates as shoppers were lured in by Mother's Day promotions and colorful new styles of clothing. The gains follow a dismal showing from the month before

5. It’s True – No, Really -

IF YOU WANT TO HELP, STOP. My high school classmate, Donna Davis, and I are doing an intervention. We’re asking our other classmates, and yours, to stop sending helpful, lifesaving email. Tell us what you’ve been up to … briefly … maybe even something … a little something … about your children/grandchildren or your plastic/heart/knee/hip surgery, but, please God, stop spreading the dismal fog of spreading germs and apocalyptic prophecy.

6. Economy Shows Signs of Moving Past August Shocks -

WASHINGTON (AP) – U.S. consumers and businesses are not so worried that the economy is about to tumble into a recession after all.

Manufacturing grew a little slower in August than the previous month, but it didn't contract as some had feared. Shoppers spent more at retail stores during the crucial back-to-school season. And fewer people applied for unemployment benefits last week, a sign that layoffs have slowed.

7. Retailers Post Strong April but Fret Over Future -

NEW YORK (AP) – Retailers reported surging April revenue helped by a late Easter, extending strong spending momentum since late last year.

But some also warned gas prices nearing $4 a gallon are starting to cut into the spending power of lower-income customers who were already on tight budgets.

8. Retailers Report Surprisingly Solid January Sales -

NEW YORK (AP) – U.S. retailers reported surprisingly solid January revenue gains Thursday that swept away fears that snowstorms in much of the country had chilled sales.

The reports, which are being compared with a respectable January 2010, offer encouraging signs that consumer spending is maintaining the momentum of the strong holiday season.

9. Retailers Report September Boost -

NEW YORK (AP) – Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents who had put off trips to the mall.

10. Jobless Claims Keep Fluctuating as Recovery Slows -

WASHINGTON (AP) — Applications for unemployment aid have been fluctuating from week to week, offering an uncertain view of layoffs and the job market.

First-time requests for jobless aid dropped last week to their lowest level since early May, the government said Thursday, erasing increases made in the last two months.

11. Retailers Post Choppy June, Start to Discount More -

NEW YORK (AP) — Stores steepened discounts more than planned in June to help drive recession-scarred customers into the malls to buy summer merchandise. But shoppers spent cautiously amid escalating job worries, resulting in modest gains for many merchants.

12. Wolfchase Welcomes Three New Tenants -

Wolfchase Galleria has several new tenants on the way.

Charming Charlie, a women’s accessories store, is opening soon in the space where Pottery Barn used to be. Aerie, a women’s clothing shop and brand of American Eagle, is opening in part of the space formerly occupied by Banana Republic.

13. January Retail Gains as Luxury Rebounds -

NEW YORK (AP) – Stores received a pleasant surprise in January as shoppers spent more at mall stores, delivering solid gains for many retailers and providing hope that a spending recovery that started late last year is being sustained.

14. Consumer Spending Edges Up in July -

WASHINGTON (AP) – Consumer spending increased in July with help from the popular Cash for Clunkers program, but household incomes, the fuel for future spending increases, were flat.

Consumer spending is the big question mark as the economy struggles to emerge from the recession. Economists worry that households hurt by rising unemployment, weak income growth and depleted investments will not provide the support the economy needs to rebound to sustained growth.

15. Sluggish July Sales Show Tight-Fisted Consumers -

NEW YORK (AP) – 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.

16. Fred’s Posts 5% Rise, Other Retailers See Hope -

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.

17. Consumer Credit Falls at Fastest Pace in 18 Years -

WASHINGTON (AP) - Consumer borrowing plunged in March at the fastest pace in 18 years as Americans put away their credit cards and hoarded cash amid the worst recession in decades.

The Federal Reserve said Thursday that consumer borrowing dropped 5.2 percent in March, the biggest decline since an 8.1 percent fall in December 1990.

18. Retailers Report Sales Declines in February -

NEW YORK (AP) - Tighter inventory control and milder weather helped retailers in February as business at many merchants was not as bad as in January. Wal-Mart's gains far outpaced expectations – but many stores, especially at the higher end, still struggled.

19. Retailers Report Sluggish Sales -

NEW YORK (AP) – Many of the nation’s retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid persistent worries about high gas and food prices.

20. Retailers Post Mixed June Sales Results -

NEW YORK (AP) – Shoppers, enticed by heavy discounts and armed with rebate checks, spent more freely in June, helping to lift many retailers’ sales. The outlook for the back-to-school season remains tough, though, as consumers confront high gas and food prices, a slumping housing market and tighter credit.

21. Retailers Report Mixed Sales Results In Feb. -

NEW YORK (AP) - The nation's retailers got a little reprieve in February, as consumers hesitantly returned to malls and stores after retrenching in recent months. Among the big winners were discounters like Wal-Mart Stores Inc., whose results beat expectations.