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Tag Archives: retailers

Upscale retailers are recovering more quickly

Third-quarter earnings reports from Wal-Mart Stores Inc. and Saks Fifth Avenue show the far different streets their customers are living on. Wal-Mart’s third-quarter sales in the U.S. got squeezed as its financially strapped customers dealt with dire economic straits. Saks’ ...

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Heavy discounts fuel only modest retail gains

NEW YORK — Americans took a pause in shopping in October, leaving retailers with their weakest peformance since April as unsually warm weather depressed their appetite for cold weather items. Stores were forced to discount more on coats and hats ...

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