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Slow Jan. Sales Worry Retailers

Wal-Mart misses January projections as recession concerns gain momentum

By Jim O'Neill, Newser User

Posted Feb 7, 2008 8:46 AM CST

(Newser) – Winter storms and lagging gift-card redemption iced Wal-Mart’s January same-store sales growth, the retailer said, raising concerns the US is in a recession, reports the Wall Street Journal. Wal-Mart expected 2% sales growth in stores open more than a year, but saw sales bump... Read full story »

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Slow Jan. Sales Worry Retailers

Wal-Mart misses January projections as recession concerns gain momentum

International Council of Shopping Centers • Costco • recession • retail sales • weak dollar • weakening economy • Walmart • January sales • same-store sales • sales projections

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March Retail Sales Fall Flat

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November sales down, stock falls

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But Wal-Mart, other discounters profit from downturn

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Switch to cheaper goods is broadest since early '80s

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Store closings rise along with gas prices, foreclosures

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