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Retail holiday sales improve after dismal 2008 »
MONTREAL/CHICAGO (Reuters) – U.S. retailers performed better during the holiday shopping season this year than in historically dismal 2008, in line with lowered expectations, according to data released on Monday.
Activity tracked by SpendingPulse, a unit of MasterCard Advisors, showed retail sales rose 3.6 percent in the period from November 1 through Christmas Eve on [...]
New Home Sales Post a Sharp Decline in November »
Wed, Dec 23 2009, 23:22 GMT
Sales of new single-family homes fell 11.3% to an annual of 355,000 in November, the lowest level since April 2009. Sales of new single-family homes have declined in three out of the last six months. The first-time home buyer tax credit was originally expected to expire in [...]
US New Home Sales down sharply for November 2009 »
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Costco, Dollar General sales up on bargain-hunting »
Costco, Dollar General sales up on bargain-hunting
NEW YORK (Reuters) – Bargain-seekers continued to flock to retailers offering low prices, giving Costco Wholesale Corp and newly public discounter Dollar General Corp a lift last quarter.
Costco, the No 1 U.S. warehouse club operator, said on Thursday that quarterly profit rose slightly on a jump in [...]
Tesco sales towards bottom end of forecasts »
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), the world’s No.3 retailer, posted quarterly sales growth toward the bottom end of forecasts, held back by lower food price inflation, but said a gradual consumer recovery remained on track.
“We are seeing improving customer confidence and encouraging trends in both the UK and our international businesses, although recessionary conditions still exist in [...]