Thursday, 19 Nov 2009 | Source: The Associated Press
Children's Place Retail Stores Inc. said Thursday that its profit climbed in the third quarter as a favorable product mix and attractive prices prompted shoppers to spend during the important back-to-school season.
Retailers reported disappointing sales in July, a sign that consumers are continuing to watch their spending carefully and hunting for the best bargains.
The S&P 500 closed higher on Friday, giving the stock market a second straight week of gains as upbeat retail news reinforced hopes for strong sales this holiday season.... Read More
October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month... Read More
People are understandably cautious about the economy – and their own wallets – as we head into this year’s holiday season, but “value” does not equate only to “lowest price” for most customers, writes Brian Dunn, CEO of Best Buy.... Read More