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Retailers

Date:December 4th, 2008

Retailers

Retailers see sales drop in dreary November (Los Angeles Times)
NEW YORK -- Retailers limped through a miserable November that even a surge of shopping after Thanksgiving couldn't save, making it the weakest month since at least 1969 and deepening fears that the critical holiday period could be the most dismal in decades. (more...)

Most U.S. retailers report a dismal november (International Herald Tribune)
They kicked off the critical holiday shopping season with double-digit sales declines, raising questions about the long-term prospects for many retailers. (more...)

Retailers post steep sales declines in November (AP via Yahoo! News)
A shopping boost on the day after Thanksgiving as consumers turned their thoughts to the holiday season couldn't save a weak November for most retailers, fueling more concerns about a bleak December and beyond amid what could be a deep and long recession. (more...)

Retailers post sales drop but Wal-Mart surprises (Reuters via Yahoo! News)
Many U.S. retailers posted sharply lower November sales at stores open at least a year, prompting some investors to pour into the sector on hopes the dismal results signaled a bottom for share values. (more...)

Retailers see sales drop in dreary November (AP via Yahoo! News)
Retailers ? with Wal-Mart the notable exception ? limped through a miserable November that even a surge of shopping after Thanksgiving couldn't save, marking the weakest month since at least 1969 and deepening fears that the critical holiday period could be the most dismal in decades. (more...)

Retailers? U.S. Sales Tumble in Worst Month in Four Decades (Bloomberg)
Dec. 4 (Bloomberg) -- Sales at U.S. retailers tumbled in November, the worst monthly performance in almost four decades, after the Wall Street meltdown caused consumers to postpone shopping until the Black Friday holiday-sales kickoff. (more...)

Zimbabwe central bank chief blames retailers for inflation (AFP via Yahoo! News)
Zimbabwe's central bank chief on Thursday blamed retailers for the nation's crushing inflation, hours after introducing a 100 million dollar note in a desperate bid to keep up with runaway prices. (more...)

Retailers Post Steep Sales Declines in November (Fox News)
Retailers are reporting steep sales declines for November as a surge of shopping after Thanksgiving that was fueled by deep discounts wasn't enough to save a dreary month. (more...)

U.S. stocks sink as retailers mostly disappoint (MarketWatch via Yahoo! Finance)
U.S. stocks sink after retailers report mostly disappointing sales results and companies including AT&T Inc. and DuPont Co. say they will slash thousands of workers from their payrolls. (more...)

Retailers saw sales drop in November (MSNBC)
Retailers limped through a miserable November that even a surge of shopping after Thanksgiving couldn?t save, new data show. (more...)

Oil Prices Slide Below $45 a Barrel - Wall Street Journal
NEW YORK -- Crude oil dropped to prices unseen for nearly four years Thursday as the world economic slowdown continued to take a toll. Light, sweet crude for January 2009 delivery was recently down $2.23, or 4.8%, at $44.56 a barrel on the New York ... (more...)

Retailers see Nov. sales drop - AZCentral.com
NEW YORK - Retailers limped through a miserable November that even a surge of shopping after Thanksgiving couldn't save, making it the weakest month since at least 1969 and deepening fears that the critical holiday period could be the most dismal in ... (more...)

Street largely holds ground in face of bad news - WTOP Radio
NEW YORK (AP) - Wall Street showed relative signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they've made for more than a week. The major stock indexes declined ... (more...)

29 minutes ago Retailers turn in another ugly month, but Wal-Mart ... - Marketwatch
Mortgage rates plummet after Fed action Wall Street and Detroit's messy divorce U.S. stock futures drop as AT&T, DuPont cut jobs AT&T to eliminate 12,000 jobs The 15-Minute Tip: Big-name stocks under $10? Time to shop around U.S. stocks slip on weak ... (more...)

Retailers see sales drop in dreary November - KEPR
NEW YORK (AP) - A shopping boost on the day after Thanksgiving as consumers turned their thoughts to the holiday season couldn't save a weak November for most retailers, fueling more concerns about a bleak December and beyond amid what could be a ... (more...)

CORRECTION: Retailers post sales drop but Wal-Mart surprises - Reuters
CHICAGO (Reuters) - Many U.S. retailers posted sharply lower November sales at stores open at least a year, prompting some investors to pour into the sector on hopes the dismal results signaled a bottom for share values. Discounter Wal-Mart Stores ... (more...)

Major Retailers Post Dismal Sales Figures - Washington Post
The holiday shopping season is getting off to a rocky start as many retailers this morning posted dismal sales figures for November. Though several said traffic and sales on Black Friday were solid, it was not enough to turn the month around for ... (more...)

Michigan Retailers Association Says New, Free Discount Card Program ... - Market Wire
LANSING, MI--(Marketwire - December 4, 2008) - A new, statewide discount prescription drug card program called the Michigan Retailers Free Rx Card is now available to Michigan residents. The free program, available to all Michigan Retailers ... (more...)

Black Friday wasn't enough to carry retailers in November - Biz Times
U.S. retailers today reported bleak sales figures for November, including Black Friday totals. About two-thirds of the 16 retailers that have reported their results so far missed expectations, according to Thomson Reuters. Menomonee Falls-based Kohl ... (more...)

J.C. Penney's same-store sales decline in November - Boston Globe
PLANO, Texas? Department-store operator J.C. Penney Co. said Thursday that same-store sales fell 11.9 percent in November, beating analyst expectations. Analysts surveyed by Thomson Reuters, on average, expected same-store sales to fall 12.7 ... (more...)

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