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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: retail sector

retail sector stories: 3 news summaries

 Lousy Retail Sales Will Delay Recovery

Recession isn't over
as far as consumers
are concerned

Aug 19, 09 8:38 AM CDT
(Newser) - If the recession is indeed waning, nobody told consumers. Retailers of every kind reported lousy sales for the quarter ended Aug. 1, the Wall Street Journal reports. Target’s same-store sales fell 6.2%, Home Depot’s dropped 9.1% and Saks’ plummeted a whopping 15.5%. And with... More »

MORE ABOUT:
retail • recession • consumer spending • Home Depot • retail sales • Target • retail stores • economy • Saks • financial crisis • recession depression • retail sector

(Newser) - A fundamental shift is going on in the consumer product world as retailers decide that less is more, the Wall Street Journal reports. Big national retailers are expected to slash selection by at least 15%, analysts say. Gone will be 30% of Kroger’s cereals, 20 of the 24... More »

MORE ABOUT:
retail • consumer products • recession • Walgreens • retail stores • retailing • Wal-Mart • Kroger • retail sector

MARKETS

 Dow Up 173 on Housing, Retail 


Jun 25, 09 3:08 PM CDT
(Newser) - Markets rallied today on positive news from the retail and housing sectors, the Wall Street Journal reports. Major builders saw stocks go up as much as 15%, leading some to predict an end to the crisis in the housing market. In retail, meanwhile, companies such as Bed Bath and... More »

MORE ABOUT:
stock market • NASDAQ • New York Stock Exchange • Dow Jones • consumer goods • S&P 500 • housing sector • retail sector

3 Stories


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