http://thedailyrecord.com Maryland's trusted source for business and legal news Fri, 24 May 2013 21:04:36 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://thedailyrecord.com/2013/05/09/retailers-report-modest-gains-for-april/ http://thedailyrecord.com/2013/05/09/retailers-report-modest-gains-for-april/#comments Thu, 09 May 2013 18:46:56 +0000 Associated Press http://thedailyrecord.com/?p=239471 NEW YORK — Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. Revenue at stores open [...]

]]> http://thedailyrecord.com/2013/05/09/retailers-report-modest-gains-for-april/feed/ 0 http://thedailyrecord.com/2012/10/04/retailers-report-slower-sales-growth-in-september/ http://thedailyrecord.com/2012/10/04/retailers-report-slower-sales-growth-in-september/#comments Thu, 04 Oct 2012 13:55:08 +0000 Associated Press http://thedailyrecord.com/?p=224893 Americans may have slowed their spending in September after splurging during the start of the busy back-to-school shopping season in the month before. But most importantly, they were still spending. September sales rose 3.9 percent — a slowdown from the 6-percent rise in August — as 22 retailers including Macy’s and Costco reported mixed results, [...]

]]> http://thedailyrecord.com/2012/10/04/retailers-report-slower-sales-growth-in-september/feed/ 0 http://thedailyrecord.com/2012/08/14/retail-sales-rose-solid-0-8-percent-in-july/ http://thedailyrecord.com/2012/08/14/retail-sales-rose-solid-0-8-percent-in-july/#comments Tue, 14 Aug 2012 15:58:58 +0000 Associated Press http://thedailyrecord.com/?p=221449 WASHINGTON — Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year. Retail spending rose in every major category, from electronics and sporting goods to furniture, building supplies and [...]

]]> http://thedailyrecord.com/2012/08/14/retail-sales-rose-solid-0-8-percent-in-july/feed/ 0 http://thedailyrecord.com/2012/08/02/stores-report-solid-gains-in-july-sales/ http://thedailyrecord.com/2012/08/02/stores-report-solid-gains-in-july-sales/#comments Thu, 02 Aug 2012 12:39:11 +0000 Associated Press http://thedailyrecord.com/?p=220622 NEW YORK — Shoppers showed some spending muscle in July, once summer clearance sales and the hottest July in 50 years got them in the mood. Solid sales reports from retailers Thursday took some of the sting out of weak June manufacturing data. And improving trends in unemployment benefit applications provide hope for slightly better [...]

]]> http://thedailyrecord.com/2012/08/02/stores-report-solid-gains-in-july-sales/feed/ 0 http://thedailyrecord.com/2012/07/26/jc-penney-tweaks-pricing-strategy-again/ http://thedailyrecord.com/2012/07/26/jc-penney-tweaks-pricing-strategy-again/#comments Thu, 26 Jul 2012 20:39:03 +0000 Associated Press http://thedailyrecord.com/?p=220136 NEW YORK — J.C. Penney is changing its pricing — again. Just six months after the mid-priced department store chain got rid of the hundreds of sales it offered each year in favor of everyday lower pricing, it is reversing course. Penney on Feb. 1 began using a three-tier pricing approach that called for consistently [...]

]]> http://thedailyrecord.com/2012/07/26/jc-penney-tweaks-pricing-strategy-again/feed/ 0 http://thedailyrecord.com/2012/07/05/retailers-report-tepid-sales-for-june/ http://thedailyrecord.com/2012/07/05/retailers-report-tepid-sales-for-june/#comments Thu, 05 Jul 2012 15:05:12 +0000 Associated Press http://thedailyrecord.com/?p=218625 NEW YORK — Retailers could be sweating it out this summer. Shoppers, worried about jobs and the economy, pulled back on spending in June, slowing sales for most retailers to the weakest pace since 2009. And that could leave merchants on edge, wondering if Americans will spend more when the back-to-school season starts in late [...]

]]> http://thedailyrecord.com/2012/07/05/retailers-report-tepid-sales-for-june/feed/ 0 http://thedailyrecord.com/2012/05/23/martha-stewart-rejoins-board-becomes-non-executive-chairman-of-company/ http://thedailyrecord.com/2012/05/23/martha-stewart-rejoins-board-becomes-non-executive-chairman-of-company/#comments Wed, 23 May 2012 18:33:33 +0000 Associated Press http://thedailyrecord.com/?p=215940 NEW YORK — Martha Stewart was named as non-executive chairman of the lifestyle, media and merchandising company that she created Wednesday. Stewart rejoined the board of Martha Stewart Living Omnimedia Inc. in September at the end of a five-year ban on serving as a board member or as an executive of a public company as [...]

]]> http://thedailyrecord.com/2012/05/23/martha-stewart-rejoins-board-becomes-non-executive-chairman-of-company/feed/ 0 http://thedailyrecord.com/2012/05/03/april-retail-sales-show-shoppers-spent-less/ http://thedailyrecord.com/2012/05/03/april-retail-sales-show-shoppers-spent-less/#comments Thu, 03 May 2012 14:28:18 +0000 Associated Press http://thedailyrecord.com/?p=214657 NEW YORK — Americans’ spending — much like the economy — continues to yo-yo. Major retailers such as Costco and Macy’s reported on Thursday that April revenue rose less that 1 percent in the worst performance since 2009 when the U.S. economy was just coming out of a bad recession. The disappointing results follow two [...]

]]> http://thedailyrecord.com/2012/05/03/april-retail-sales-show-shoppers-spent-less/feed/ 0 http://thedailyrecord.com/2012/04/16/job-market-pushes-up-retail-sales-in-march/ http://thedailyrecord.com/2012/04/16/job-market-pushes-up-retail-sales-in-march/#comments Mon, 16 Apr 2012 17:21:46 +0000 Associated Press http://thedailyrecord.com/2012/04/16/job-market-pushes-up-retail-sales-in-march/ WASHINGTON — Americans bought more electronics, started more home improvement projects and updated their wardrobes last month, inspired by warmer weather and a healthier job market. Retail sales rose 0.8 percent in March, the Commerce Department said Monday. The gain capped a strong quarter for retail spending, which is contributing to a brighter outlook among [...]

]]> http://thedailyrecord.com/2012/04/16/job-market-pushes-up-retail-sales-in-march/feed/ 1 http://thedailyrecord.com/2012/01/05/holiday-discounts-crimp-retailers-profits/ http://thedailyrecord.com/2012/01/05/holiday-discounts-crimp-retailers-profits/#comments Thu, 05 Jan 2012 16:35:33 +0000 Associated Press http://thedailyrecord.com/2012/01/05/holiday-discounts-crimp-retailers-profits/ NEW YORK — Many retailers delivered solid sales gains for December, but heavy discounts needed to get shoppers to buy exacted a high price, clouding the holiday shopping season. Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild start to winter also didn’t help, [...]

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