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.
Retail sales comparisons for SeptemberOctober 8th, 2009 Retail sales comparisons for SeptemberHere are comparisons of how major stores in four key areas of retailing fared in September compared with a year earlier. The figures from participating companies show the change in sales at stores open at least year.
Target posts decline in key sales metric for September but tops analyst estimatesOctober 8th, 2009 Target September sales metric beats estimatesMINNEAPOLIS — Target says a key sales measure dipped 1.7 percent in September but beat analyst estimates. The result led the discount retailer to predict third-quarter earnings per share above Wall Street's forecast.
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.
Correction: Story on retail sales and the economyAugust 14th, 2009 Correction: Story on retail sales and economyWASHINGTON — In an Aug. 13 story about July retail sales, The Associated Press reported erroneously that Wal-Mart Corp.'s second-quarter earnings fell.
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.
Stocks turn lower in early trading after weak retail sales, jobs reportsAugust 13th, 2009 Stocks edge lower after jobs, retail dataNEW YORK — Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors' optimism about the economy. Investors sent the major indexes slightly higher at the opening, but stocks failed to hold on to the gains and extend Wednesday's big rally, which followed upbeat comments from the Federal Reserve.
Retail sales likely rose again in July, boosted by the Cash for Clunkers car programAugust 13th, 2009 Ahead of the Bell: Retail SalesWASHINGTON — Retail sales likely rose again in July, boosted by the government's popular Cash for Clunkers program. Economists surveyed by Thomson Reuters expect retail sales rose 0.7 percent last month after a 0.6 percent increase in June.
Stocks open slightly higher after retail sales, weekly unemployment reports, Wal-Mart earningsAugust 13th, 2009 Stocks creep higher after jobs, retail dataNEW YORK — Stocks are pushing moderately higher after a better-than-expected earnings report from Wal-Mart helped to offset disappointing data on jobs and retail sales. Investors are hesitantly adding to Wednesday' big gains, which came after upbeat comments from the Federal Reserve.
US stock futures mixed in narrow range as investors await reports on jobs, retail salesAugust 6th, 2009 Futures mixed ahead of jobs, retail sales reportsNEW YORK — U.S. stock futures are mixed in a narrow range as investors refrain from making big bets ahead of reports on retail sales and the labor market.
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.
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.
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.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
US stocks lift as auto, oil shares riseDecember 26th, 2008 NEW YORK - US stocks lifted across the board Friday, pulled up by automobile and oil shares and defying gloomy retail reports. Hope for more auto sales grew after the Federal Reserve late Wednesday accepted the application by General Motor's lending arm - GMAC Financial Services - to become a bank holding company.
October 7th, 2009 at 5:45 am
Improvements are expected but nothing will resemble past figures as we are only just in the recovery phase, give it one or two more years.