Maryland Daily Record Maryland's trusted source for business and legal news
U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.
Tagged with: business news consumers retail sales
Read More »Consumer confidence dips in February
U.S. consumer confidence fell slightly in February over concerns about the near-term outlook for business conditions and jobs.
Tagged with: business news consumer confidence Economy Retail retail sales
Read More »Holiday sales rise on discounts, online shopping
NEW YORK — Holiday shoppers were more than willing to spend during the holiday season, if they saw big discounts or were shopping online. Sales rose 3.8 percent from last year for November and December combined, according to the National ...
Tagged with: breaking news Business holidays new york Retail retail sales shopping shopping center
Read More »As discounts mount, holiday retail sales disappoint
NEW YORK — Sparse crowds at malls and “50 percent off” signs at The Gap, AnnTaylor and other stores give a clue as to how the holiday season is going. This is shaping up to be the most discount-driven holiday ...
Tagged with: black friday Business Economy holidays october Retail retail sales united states
Read More »U.S. retail sales rise solid 0.4 percent in October
WASHINGTON — An increase in shopping last month during the partial government shutdown suggests that the U.S. economy may be more resilient than some have thought. Retail sales increased 0.4 percent in October, the Commerce Department said Wednesday, after being ...
Tagged with: black friday Business Economy holidays october Retail retail sales united states
Read More »Wal-Mart not waiting on Black Friday or Cyber Monday to offer deals
NEW YORK — Wal-Mart Stores Inc. is upping the ante on holiday shopping. The world’s largest retailer is pulling forward by nearly a month seven big deals on items like TVs and tablets that were originally reserved for the day ...
Tagged with: black friday breaking news Business cyber monday retail sales Wal-mart
Read More »Beyond car sales, retail spending shows strength in September
WASHINGTON — A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans spent more on most other goods, showing some confidence in the economy before much of the government shut ...
Tagged with: breaking news car sales Economy Government retail sales september shutdown
Read More »Slower holiday sales growth predicted for 2013
Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online. Retail revenue ...
Tagged with: Business earnings Economy growth retail sales
Read More »Retailers report modest sales gains for August
NEW YORK — Americans’ cautious spending on clothing extended into August, capping a weak back-to-school selling season for retailers. Several retailers including clothiers Cato Corp. and L Brands Inc. on Thursday posted disappointing revenue during the month, which falls in ...
Tagged with: Business Economy News Retail retail sales retailers united states
Read More »Retailers report strong gains for June
NEW YORK — June sales heated up for stores, in a sign that Americans likely will continue to spend during the important back-to-school shopping season. U.S. retailers reported their strongest sales gains since January, as shoppers, enticed by warm weather ...
Tagged with: Business conference board gains international council of shopping centers june Retail retail sales Wal-mart wall street
Read More »