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Are bonds about to lose their flight-to-quality premium? The Fed, the executive branch, the legislative branch, and now even the Bank of England (which cut its key rate a quarter point to 5.5 percent) are working to resolve credit problems. The 10-year is looking toppy here.
Despite evidence that shoppers are cutting back this holiday season, retailers are expected to report strong improvement in November sales after a weak fall.
November may have been sweeter to stores than many thought. Don't get me wrong--stores aren't going to be AHEAD of plan but it is sounding increasingly like they may NOT miss those meager plans they set for themselves at the beginning of the month. Meeting expectations COULD be a real positive for retail stocks tomorrow.
Retailers rallied Tuesday on high hopes for November same-store sales numbers, which come out later this week. Which stocks might you trust with your money?
Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas
Heidi, Alessandra, Karolina...at least three women who generate blog responses almost as much as Wal-Mart's CEO Lee Scott. The other time I remember receiving a flood of heated responses like these were in regard to Wal-Mart's claims that it helps lower consumer prices across the country.
Tesco, Britain's biggest retailer, met forecasts with a 4.1 percent rise in underlying third-quarter UK sales on Tuesday and said its new U.S. stores had been "very well received" by customers.
British grocer Tesco could position its Fresh & Easy chain among the top 10 supermarket retailers in the United States by 2015, with U.S. sales of $10 billion, TNS Retail Forward saidin a report on Thursday.
U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
Sears Holdings reported sharply lower quarterly earnings Thursday, sending its shares down more than 13 percent, as sales fell at its U.S. Kmart and Sears stores and it cut prices to rid itself of excess inventory.
Dollar Tree Stores Wednesday reported a better-than-expected 10.5 percent rise in quarterly profit as more customers came to its discount stores to load up on Halloween and back-to-school items.
U.S. online shoppers spent a record $733 million in a single day on "Cyber Monday," according to market research firm comScore.
Shares of retailers' stocks sank on Monday, after consumers swarmed stores on "Black Friday," the day after Thanksgiving, but focused on hunting for discounts.
Discounters, department stores and chains that sell electronics and teen fashions lured big crowds over the weekend as the holiday shopping season got off to a strong start.
Retailers are hoping last week's strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins Monday. A number of retailers are hosting one-day sales or special offers for the occasion. Internet research firm comScore estimated online sales may exceed $700 million.
The lure of bargains trumped economic concerns at the start of the holiday shopping season. Retailers logged sales that were up significantly from a year ago.
Shoppers jammed stores before dawn Friday to grab discounted TVs, toys and clothing for the official start of the holiday season, expected to be the weakest retail showing in five years.
A North Carolina state judge rejected an attempt by Wal-Mart Stores to block public access to certain court documents in a tax dispute with state authorities, the Wall Street Journal reported Friday in its online edition.
The U.S. holiday shopping season kicked off Thursday even before the turkey was carved, as retailers, worried that gift buying may slow this year, posted special deals on their Web sites on Thanksgiving day.
Black Friday is a big day for DVD and player sales but some people may be confused. If you buy "Ratatouille" in high def, you've gotta have a Blu-ray player. If the new high def "Transformers" is your thing, that Blu-ray player on your PS3 is totally useless, you need an HD DVD player.