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Black Friday Retail Sales Could Be BleakAfter pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl's to Toys "R" Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in shoppers. ... |
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UK retail figures fallBritish retail sales fell less than expected in October and the public finances showed their first deficit for the month since 1994, official data showed on Thursday. ... |
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Econopocalypse worse for economy than 9/11It's official: the financial collapse caused by inadequate banking regulation have harmed America's economy worse than the 9/11 attacks did: The Commerce Department said Friday that retail sales fell by 2.8 percent last month, surpassing the old mark of a 2.65 percent drop in November 2001 in t... |
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Australian retail sales up 0.1%It appears Australian consumers are still wary about the state of the economy. ... |
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Consumers close their walletsRetail sales plunge a record 2.8 percent in October, suggesting a dismal outlook for holiday spending. ... |
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Retail sales plunge 2.8%, worst monthly decline everWASHINGTON -- The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. ... |
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