Thursday, 19 Nov 2009 | Source: The Associated Press
Limited Brands Inc. said Thursday it is shuttering its La Senza Girl stores in Canada as it expands other brands there, including Bath and Body Works and its Victoria's Secret line, Pink.
Stocks were set to extend the previous session's losses at the opening bell Thursday, with European stocks dragging on sentiment as miners and food producers struggled.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Victoria's Secret parent Limited Brands Inc. said Wednesday that its third-quarter profit rose above its own forecast, helped by cost cuts and a tax gain.
Stocks snapped a three-day winning streak on Wednesday after a report showed housing starts fell sharply in October. Techs took a hit after weak outlooks from two software firms.
Stocks were poised for a slightly lower open as investors grew jittery over a government report showing that housing starts took a dramatic decline in October.
Friday, 30 Oct 2009 | Source: The Associated Press
Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government's Cash for Clunkers auto sales program.
Thursday, 3 Sep 2009 | Source: The Associated Press
Shoppers limited their back-to-school purchases and stayed focused on necessities in August, resulting in the 12th straight month of declining sales for retailers.
Analysts say the TV spectacle will play a critical role in rekindling consumers' desire to spend on lingerie, which was hit hard during last year's recession... Read More
Last Friday's employment report from the US Bureau of Labor Statistics showed that the unemployment rate is now at 10.2%, its first foray above 10% and its highest level since 1983.... Read More