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Tag Archives: department stores

Retail sales rise 1.1 percent in February

WASHINGTON — Americans stepped up spending on retail goods in February, evidence that a stronger job market is boosting the economy. Consumers bought more autos, clothes and appliances. They also paid higher prices for gas. Retail sales increased 1.1 percent ...

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Shoppers snap up Cyber Monday deals

NEW YORK — Shoppers seem to be just as enthusiastic about shopping on their computers and smartphones on Cyber Monday as they were about finding deals over the Black Friday weekend. Online sales on Cyber Monday, which was started in ...

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Consumers hit retail stores to give economy boost

WASHINGTON — Consumers are giving a modest lift to the economy. They spent more on autos, electronics and building supplies in October to boost retail sales for the fifth straight month. The gains provide an encouraging start for the October-December ...

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Syms and Filene’s unit seek bankruptcy protection

SECAUCUS, N.J. — Discount retailer Syms Corp. and its subsidiary Filene’s Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. Syms acquired Filene’s Basement out of bankruptcy protection in the spring of 2009 for $62.4 ...

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Retail sales flat in August, auto demand declined

WASHINGTON — Consumers spent less on autos, clothing and furniture to leave retail sales unchanged in August. The lack of growth suggests households became more cautious during wild stock market fluctuations and increased fears about the economy. The Commerce Department ...

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