U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts. The February results are the latest indication that consumers are coming out of hibernation, although many of the largest retailers do not report monthly sales data. [...]
Better inventory management helps American Retailers weather February snow
March 5, 2010 By Leave a Comment
Improvement in retail sales despite wary consumers
February 24, 2010 By Leave a Comment
For retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than about getting consumers to buy a lot more of their merchandise. Discounters like Target Corp and Sears Holdings Corp’s Kmart stores posted improved sales performances on Tuesday, while home improvement retailer Home Depot Inc and [...]
Retail Sales results for January brighten recovery picture in America
February 13, 2010 By Leave a Comment
WASHINGTON (Reuters) – Sales at retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth. Retail sales rose 0.5 percent as consumers stepped up spending not only on essential goods but luxury items as well, the Commerce Department said on Friday. Optimism [...]
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