Signs of hard times for shoppers: fixation on bargains at Family Dollar; Pizza Hut strugglesOctober 7th, 2009 Americans still struggling, gauging by corp profitNEW YORK — People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks.
Costco 4th-quarter profit slips partly on stronger dollar, but tops analysts' estimatesOctober 7th, 2009 Costco 4Q profit falls 6 percent but tops viewsNEW YORK — Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results beat analysts' estimates.
German wholesale prices fell 8.3 percent in year to AugustSeptember 11th, 2009 German wholesale prices down 8.3 pct in AugustFRANKFURT — German wholesale prices were down sharply in the year to August despite rising slightly from July, as demand remained weak amid the economic downturn, official data showed Friday. The Wiesbaden-based Federal Statistical Office said wholesale prices fell 8.3 percent in August compared to August 2008.
Food prices fall as retailers, food makers pass along savings to woo frugal shoppersSeptember 8th, 2009 Grocery aisle relief as food prices fallGrocery shoppers are finally seeing some reprieve from last year's steep price increases. Food prices are dropping on some key items as retailers slash prices to better compete and food makers do more promotions and pass along savings from lower ingredient and gasoline costs.
Retail sales comparisons for August at a glanceSeptember 3rd, 2009 Retail sales comparisons for August at a glanceAs shoppers limited back-to-school purchases in August, upscale retailers suffered while some lower-priced chains showed signs of improvement and that the holiday season could be less dismal than feared. Here is how August sales at 30 chains compared with August 2008:
— Apparel stores
Abercrombie & Fitch Co.
Target CEO Gregg Steinhafel discusses how deflation could affect businessAugust 18th, 2009 On the Call: Target CEO Gregg SteinhafelNEW YORK — Deflation is creeping in, helping to depress stores' total sales figures but bringing shoppers lower prices on clothing and groceries. During a conference call with investors Tuesday after releasing second-quarter results, Target CEO Gregg Steinhafel said his company hopes to benefit from the trend.
Japan wholesale prices fall 6.6 percent in June from year earlier, biggest fall on recordJuly 10th, 2009 Japan wholesale prices fall 6.6 percent in JuneTOKYO — Japan's central bank said Friday that wholesale prices fell 6.6 percent in June from a year earlier, the biggest fall on record and the latest sign that deflation is returning to the country. The Bank of Japan's corporate good price index, which tracks the cost of a wide range of products sold domestically, declined for the sixth straight month.
Inflation reaches below zeroJune 18th, 2009 MUMBAI J - India's wholesale price index fell for the first time in thirty years and reached 1.61 percent for the week ended June 6. It was worse than a median forecast of an annual fall of 1.52 percent.
Wholesale inflation rises less than expected in May; gasoline prices jumpJune 16th, 2009 Wholesale inflation up less than expected in MayWASHINGTON — Wholesale prices rose less than expected in May as a drop in food costs helped keep overall prices down. The Labor Department said Tuesday that the Producer Price Index increased by a seasonally adjusted 0.2 percent from April.
Same-store sales results for May, by sectorJune 4th, 2009 Same-store sales results for May, by sectorHere are May same-store sales results for chain retailers, by sector, expressed as a percentage increase or decrease over the same month last year. — Drug stores
Rite Aid Corp.
Eurozone set to slide into deflationMay 28th, 2009 BRUSSELS - Belgium Thursday joined Germany, Portugal, Ireland and Spain in posting a drop in consumer prices, highlighting concerns that the 16-member eurozone may soon slide into deflation as a result of the global recession. Belgian consumer prices fell in May from April, by 0.37 percent, for the first time since December 1960.
Discount chain sales results for AprilMay 9th, 2009 Discount chain sales results for AprilNEW YORK — Summary of April same-store sales results for discount category store chains, with percentage increase or decrease over the same month last year. BJ's Wholesale Club Inc.
India's inflation rate at lowest in three decadesApril 16th, 2009 NEW DELHI - India's annual rate of inflation fell to a three-decade low of 0.18 percent for the week ended April 4, from 0.26 percent the week before, official data showed Thursday. Inflation rate had declined for eight consecutive weeks to 0.27 percent for the week ended March 14, but marginally rose to 0.31 percent for the week ended March 21.
Inflation rises marginally to 0.31 percentApril 2nd, 2009 NEW DELHI - India's annual rate of inflation rose marginally to 0.31 percent for the week ended March 21, after declining for eight consecutive weeks, official data showed Thursday. The inflation rate was 0.27 percent the week before.
India headed toward deflation: Goldman SachsMarch 16th, 2009 NEW DELHI - The Indian economy is headed towards deflation, which could raise unemployment, even as its central bank, the Reserve Bank of India (RBI), was expected to cut the cash reserve ratio by some 150 basis points, says Goldman Sachs. The global consultancy has made the prediction based on the weekly movement of the official wholesale price index, as per which the country's annual rate of inflation fell to a six-year low of 2.43 percent for the week ended Feb 28.
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