Versa Capital Management said that it is the winning bidder in the auction of troubled teen clothing retailer Wet Seal, which filed for Chapter 11 bankruptcy two months ago. Versa’s bid will be presented Wednesday in the United States Bankruptcy ...

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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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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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NEW YORK — Retailers could be sweating it out this summer. Shoppers, worried about jobs and the economy, pulled back on spending in June, slowing sales for most retailers to the weakest pace since 2009. And that could leave merchants ...

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NEW YORK — Retailers from discounter Target to department-store chain Macy’s reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy. A combination of warm weather and high demand for spring fashions boosted ...

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NEW YORK — Shoppers remained resilient in August despite wild stock market swings and worries about the U.S. economy, resulting in what’s winding up to be a respectable back-to-school shopping season for many merchants. However, the impact of Hurricane Irene, ...

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