| Source: The Associated Press
With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent — and this week's data could help investors gauge the mind-set of the average consumer.
Friday, 9 May 2008 | Source: The Associated Press
Major business events and economic events scheduled for the coming week (some dates are tentative):
Friday, 9 May 2008 | Source: CNBC.com
If energy and food prices continue to surge, consumers aren't going to be able to keep up, which would have a huge impact on the economy -- and stocks. Still, the market doesn't seem worried.
Friday, 9 May 2008 | Source: The Associated Press
Caught in the maelstrom of higher gas and food prices, Americans — even more affluent ones — are seeking shelter in wholesale clubs and discount apparel chains.
Thursday, 8 May 2008 | Source: The Associated Press
Summary of April same-store sales results for department category store chains, with percentage increase or decrease over the same month last year.
Many US retailers posted better-than-expected sales in April. However, with most consumers sticking to bargains or basics, don't expect an extended rebound in retail.
Thursday, 8 May 2008 | Source: The Associated Press
Shares of department stores fell on Thursday, after many reported April same-store sales results that fell short of analyst expectations as consumers hunted for bargains and cut discretionary spending.
Thursday, 8 May 2008 | Source: The Associated Press
Department store operator J.C. Penney Co. Inc. said Thursday its April same-store sales fell far less than expected, as warm weather in some parts of the country boosted seasonal clothing sales and customers shopped for bargains and promotions.
Many US retailers posted better-than-expected sales in April. However, with most consumers sticking to bargains or basics, don't expect an extended rebound in retail.
Tuesday, 6 May 2008 | Source: The Associated Press
Analysts expect many retailer's same-store sales improved in April, helped by better weather and an earlier Easter, but many expect the good news will not last long.
Monday, 5 May 2008 | Source: The Associated Press
Coated paper manufacturer NewPage Group Inc. plans an initial public offering, according to a Securities and Exchange Commission filing on Monday.
Thursday, 17 Apr 2008 | Source: The New York Times
Retail companies are disclosing less data, and some investors are crying foul.
Tuesday, 8 Apr 2008 | Source: CNBC.com
1st paragraph of story should go here
Saturday, 29 Mar 2008 | Source: The New York Times
Over the last year, J. C. Penney rolled out a powerful new marketing campaign, but consumers are not biting. Friday, J. C. Penney sharply cut its earnings forecast for the first three months of the year, blaming the tough economy.
Friday, 28 Mar 2008 | Source: CNBC.com
Stocks closed lower Friday after a profit warning from J.C. Penney, which renewed fears about slower consumer spending. Financials and techs caved in after earlier attempts to rally.