Retail recovery at hand? Stores report September sales gain, breaking 13-month losing streakOctober 8th, 2009 Retailers see sales begin to recover in SeptemberNEW YORK — The nation's stores saw their first sales gain in 14 months in September, a sign of life from shoppers that fuels some hope for the holiday shopping season. A late Labor Day and delayed school openings helped boost back-to-school sales in September.
Retailers report September sales declines, though many results come in better than expectedOctober 8th, 2009 Many retailers report September sales declinesNEW YORK — A late Labor Day and delayed school openings offered some relief to merchants in September, helping to boost sales above Wall Street expectations. But spending still remains tepid as consumers focused on necessities amid job worries and tight credit.
Summary Box: Retail sales jump in August, but increase may be temporarySeptember 15th, 2009 Summary Box: Retail sales jump in AugustSPENDING REBOUNDS: The Commerce Department said retail sales rose 2.7 percent in August, the most in more than three years. A spike in auto sales, spurred by the Cash for Clunkers program, and higher gas prices drove the increase.
Businesses slash inventories again in July, but sales post first back-to-back gains in a yearSeptember 15th, 2009 Business inventories fall in July, but sales riseWASHINGTON — Businesses slashed their inventories for the 12th straight month in July, but sales posted a second consecutive gain, providing hope that companies soon will switch from trimming stockpiles to increasing their orders. The Commerce Department said Tuesday that inventories dipped 1 percent in July, slightly more than the 0.9 percent cut that economists expected.
Summary Box: Retail sales drop unexpectedly as consumers keep wallets closedAugust 13th, 2009 Summary Box: Unexpected drop in retail salesWHAT HAPPENED?: Retail sales fell unexpectedly in July, while first-time claims for jobless benefits rose slightly last week. The reports raised concerns about the ability of consumers to fuel a broad economic recovery.
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.
Euro-zone retail sales fall 0.2 percent in JuneAugust 5th, 2009 Euro retail sales fall 0.2 pct in JuneBRUSSELS — The European Union says retail sales in the 16 nations that use the euro fell 0.2 percent in June from a month earlier, showing that consumers are wary of spending as unemployment hits a 10-year high. Shoppers cut back spending both on daily essentials such as food, drink and tobacco and on non-food items such as clothing, electronics and medicines.
German retail sales show unexpected 1.8 percent month-on-month fall in JuneAugust 3rd, 2009 German retail sales down 1.8 pct in JuneBERLIN — German retail sales saw an unexpected month-on-month fall in June as the global crisis maintained its grip on Europe's biggest economy, an official estimate showed Monday. The 1.8 percent drop compared with May followed a 1.3 percent decline the previous month.
Daimler AG US sales fall 24 percent in July, amid plunging sales of its Smart fortwo minicarAugust 3rd, 2009 July Auto Sales: DaimlerNEW YORK — German automaker Daimler AG said its sales in the U.S. fell by 24 percent in July, amid plunging sales of its Smart fortwo minicar and Mercedes-Benz luxury vehicles.
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.
Business inventories fall more than expected in May, 9th straight declineJuly 14th, 2009 Business inventories dip more than expected in MayWASHINGTON — Businesses slashed inventories more than expected in May, the ninth consecutive decline, as companies continued to trim stockpiles amid a severe recession. The Commerce Department said Tuesday that inventories fell 1 percent in May.
Retail sales rise in June by largest amount since January, led by a surge in gasoline pricesJuly 14th, 2009 June retail sales rise more-than-expected 0.6 pctWASHINGTON — Retail sales advanced in June by the largest amount in five months, led by a surge in gasoline prices and a slight rebound in the battered auto sector. The Commerce Department said Tuesday that retail sales rose 0.6 percent last month, better than the 0.4 percent gain that economists had expected.
After struggling through summer shopping, retailers focus on back-to-school seasonJuly 9th, 2009 A snapshot of retail sales in JuneNEW YORK — Retail sales were weak in June for the 11th consecutive month, raising worries about how consumers will approach the back-to-school shopping season. Here's an analysis of Thursday's same-store sales reports:
THE RESULTS: The International Council of Shopping Centers-Goldman Sachs same-store sales tally for June fell 5.1 percent below the tally for June 2008, worse than the latest forecast for a 4.5 percent decline.
Euro zone retail sales down 0.4 percent in May as consumers remain reluctant to spendJuly 3rd, 2009 Euro zone retail sales down 0.4 percent in MayLONDON — Retail sales fell in May in the 16 countries that use the euro, in a further sign that consumers aren't optimistic about their future in the midst of a deep and widespread recession. Eurostat, the EU's statistics office, says retail sales in the euro zone fell by 0.4 percent from the previous month.
Target May same-store sales decline 6.1 percent, miss Wall Street expectationsJune 4th, 2009 Target May same-store sales slip 6.1 percentMINNEAPOLIS — Target Corp. says its same-store sales declined worse than analysts expected in May.
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