Stores report sales are finally improving, but shoppers are holding out for dealsOctober 8th, 2009 Stores say sales may finally be turning aroundNEW YORK — Americans are finally spending a little more, but they're playing hard to get. A tally of sales at top stores managed a gain in September for the first time in more than a year.
Toys R Us will open 350 'Holiday Express' pop-up shops in malls and Babies R Us storesSeptember 14th, 2009 Toys R Us amps up for holidays with more storesNEW YORK — Toys R Us plans to open nearly 350 pop-up stores in malls and inside Babies R Us stores by early October to drive sales during the crucial holiday season. It is the first time the company has opened a significant amount of such stores for its busiest season.
Retailers say August results fall as shoppers hold back on back-to-school purchasesSeptember 3rd, 2009 Retailers report sales declines for AugustNEW YORK — Retailers on Thursday posted sales declines for August as shoppers held back on back-to-school purchases and continued to focus on necessities, but overall results came in ahead of analyst predictions. A monthly compilation of 31 retailers' results by The International Council of Shopping Centers and Goldman Sachs showed sales in established stores fell 2.1 percent in August compared with the same month in 2008.
Retailers report sales drops for August, but results beat analyst expectationsSeptember 3rd, 2009 Retail sales fall in August, but drops are easingNEW YORK — Shoppers limited their back-to-school purchases and stayed focused on necessities in August, resulting in the 12th straight month of declining sales for retailers. But there were signs the holiday season could be less dismal than feared.
Teen apparel retailers shares mixed August same-store sales resultsSeptember 3rd, 2009 Teen apparel retailers mixed on August resultsNEW YORK — Shares of teen apparel retailers were mixed Thursday, when several reported on their sales in August, when consumers limited their back-to-school shopping. The Buckle Inc., which offers trendy national brands and typically does better than others in the sector, said sales at its established stores rose 3.6 percent from a year earlier.
Retailers expected to report weak August results on dim back-to-school seasonSeptember 2nd, 2009 Weak retail report cards likely, analysts sayNEW YORK — It may be the beginning of the year for students, but for retailers, it's report-card time. Analysts expect the early grades on the back-to-school selling season to be weak when retailers report August results Thursday.
Even cheap stuff put on layaway for back to school, casting cloud over holiday shoppingAugust 24th, 2009 Consumer strain: Pens and notebooks put on layawayNEW YORK — 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.
Retailers' sluggish July reports raise concerns about back-to-school, holiday periodsAugust 6th, 2009 Sluggish July sales show tight-fisted consumersNEW 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 fall with just necessities like notebooks and jeans.
Retailers report sluggish July sales as shoppers are weighed down by economic worriesAugust 6th, 2009 Sluggish July sales show tight-fisted consumersNEW YORK — Shoppers 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 merchants reported their sales figures Thursday, mall-based chains continue to be hit hardest as consumers focus on necessities.
July sales reports expected to show slow start on back-to-school as worries weigh on shoppersAugust 5th, 2009 Signs show slow start on back-to-school salesNEW YORK — It's still early, but analysts' grades already are coming in: the back-to-school shopping season is off to a lousy start. "Back-to-school selling hasn't really started yet," said John Morris, BMO Capital Markets analyst, based on recent conversations he's had with store executives.
Survey: Most UK retailers say sales are falling this monthJuly 28th, 2009 UK retailers say sales dropping in JulyLONDON — Most U.K. retailers say that sales are declining in July, though grocery and shoe stores are bucking the trend with rising volumes, the Confederation of British Industry said Tuesday.
Kentucky F Patrick Patterson removes name from NBA draft, will return for junior seasonMay 9th, 2009 Patrick Patterson opts to return to KentuckyLEXINGTON, Ky. — Patrick Patterson is returning to Kentucky for his junior season.
Wall Street falls as retailers bring down marketJanuary 7th, 2009 NEW YORK - Wall Street opened lower Thursday after big US retailers reported disappointing sales in the holiday shopping season. Retailers such as Wal-Mart, Macy's and Limited Brands cut earning forecasts after recession-hit consumers reduced holiday spending.
Retailers urged to cut price to boost demandDecember 31st, 2008 MUMBAI - Retailers should cut prices in the next six months to clear inventories and push sales, an industry representative said here Thursday. 'Retailers may reduce prices in the next few months in an effort to make people buy more.
Shopping festival starts in KolkataDecember 24th, 2008 KOLKATA - With the aim of emulating shopping festivals in Dubai and Singapore, the Great Kolkata Shopping Festival has got off to a glittering start. Inaugurating the festival here Wednesday evening, West Bengal Tourism Minister Manabendra Mukherjee said: 'This is the first time any such festival is happening in India.