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Tag Archives: Gap

Clearances, heat lured shoppers to spend in July

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 ...

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Study: Rich get a lot richer, outpace middle class

WASHINGTON — The richest 1 percent of Americans have been getting far richer over the last three decades while the middle class and poor have seen their after-tax household income only crawl up in comparison, according to a government study. ...

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Hurricane Irene: a mixed bag for retailers

NEW YORK — Hurricane Irene’s impact on retailers is similar to its effect on various states. Some got hit hard. Some didn’t get hit at all. And although there are billions of dollars in losses, it will take time to fully ...

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