- Call Me Crazy: Confessions of a Black Friday Shopper
- US Firms Hit by Payroll Taxes at Exactly the Wrong Time
- Citi Mortgage Reveals Something the US Treasury Won't
- Fed Sanguine About US Recovery, Worried on Jobs
- Amended Berkshire Filing Reveals No 'Secret' Holdings
- In Time for Holidays: More Gloom and Doom on Economy
- Market Pros Reveal Top Black Friday Trades
- Holiday Guide to This Season's Smartphones
- Turkey Day 101: How Well Do You Know Your Bird?
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- CNBC Anchor Takes a Sabbatical
- Privately Held Facebook Creates Dual-Class Stock
- NBA D-League On The Rise
- On Twitter, Beware False Prophets
- Boeing, Duke Energy Win Smart Grid Stimulus Grants
- Is Genius Contagious?
- Citi Mortgage Reveals What Treasury Won't
- Nov. 24: Unusual Volume Leaders
Text Size 
November retail sales figures will be released later on Thursday. But as analysts revise their forecasts down on concerns of slowing consumer spending due to recessionary woes, experts predict further troubles for the retail sector.
More Retailers to Fail
 |
A number of U.S. retailers may go under by the end of January next year, warns Jim Awad, managing director of Zephyr Management. And that could rattle the financial markets, he tells CNBC.
Gap's Cash is Interesting
Stacey Gilbert, market strategist at Susquehanna Capital Group, doesn't expect Gap's November same-store sales to be very positive, but the retailer does have cash, which makes it interesting to investors. Abercrombie & Fitch and Ross Stores are also expected to report negative sales, so look to them for downside moves, Gilbert tells CNBC.
Too Many Retailers Anyway?
More ominous signs for the holiday shopping season as America's Research Group lowered its 2008 holiday retail sales forecast to a fall of 3.5 percent versus the previous 1 percent estimate. Britt Beemer, chairman & CEO of America's Research Group, thinks there are too many retailers in the U.S.
Have US Stocks Bottomed?
Although Jim Awad, managing director of Zephyr Management expects more bad news to surface in the coming weeks, he does not think the U.S. markets will make a new low.
Print
Email
- Remember when auto shows were major events where new models could generate buzz?
- CNBC’s Mike Huckman visits a cutting-edge plant to see how the flu vaccine of the future is being made.
- People who bottle up their anger at work are up to five times more likely to suffer a heart attack, a study found.
- Playboy will outsource its publishing operations in a bid to become profitable again.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
Data is a real-time snapshot *Data is delayed at least 15 minutes