In a sign that holiday sales season will be better than initially expected, business inventories rose 0.9% in September as companies re-stocked their shelves for the nation’s busiest shopping period. The increase also suggests …
The Consumer Confidence Index unexpectedly ticked up 1.6 points to 50.2 in October, the Conference Board said Tuesday, as Americans became slightly more optimistic about the job market.
A Bloomberg survey had expected the index to rise to 50.0 from a…
Knowing customers’ likes and dislikes is about as basic as it gets in retailing. But for years, national department stores got it wrong. More concerned with controlling costs, big retailers focused on sameness. Not anymore.
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Consumer confidence unexpectedly slumped in September as a lack progress on unemployment — despite overall U.S. economic improvement — continues to weigh on the outlook of many Americans.
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Pharmacy giant Walgreen’s earnings are expected to be flat year-over-year, while Family Dollar Stores and electronics manufacturer Jabil Circuit are expected to post earnings gains.
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