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Tag Archives: retailers

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 ...

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House, Senate have different Internet lottery provisions in budget

House and Senate versions of Gov. Martin O'Malley's operating budget proposal attack the future of Internet lottery sales in different ways, potentially setting up a mini-showdown over the fate of iLottery.

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Retailers report best sales growth since March

NEW YORK — Americans kept spending this summer despite their escalating fears about the slow economic recovery and surging gas prices. A group of 18 retailers ranging from discounter Target to club-operator Costco reported monthly sales on Thursday that rose ...

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Business inventories up 0.1 percent in June

WASHINGTON — U.S. companies barely increased their stockpiles in June from May, and sales plunged by the largest amount in more than three years. Business inventories edged up a slight 0.1 percent in June after a 0.3 percent gain in ...

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Higher retail spending lifts hopes for economy

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 ...

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