by | Sep 24, 2010 | Towing
Target Corp. (TGT) is conservative in its expectations of holiday spending this year.
Target’s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.
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Consumer spending has strengthened several times, only to fall back again later, Steinhafel said.
“It’s like a game of whack-a-mole,” Steinhafel said.
Still, Target…
Continue reading Target Conservative in Holiday Season Expectations
Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00.
Filed Under: Company News, Target Corp, Retail
by | Sep 23, 2010 | Towing
General Motors’ share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.
Continue reading GM’s Market Share Hovers Near Record Low
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by | Sep 21, 2010 | Towing
Two consecutive months of sales gains among the nation’s retailers may provide just enough confidence to trigger increased seasonal hiring this year. Even so, pre-recession hiring levels aren’t likely.
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by | Sep 14, 2010 | Towing
Retail sales grew more than expected in August, as back-to-school discounts drew shoppers into stores. Grocery and gasoline sales were a highlight, but weak auto and housing sectors continued to weigh on sales, and middle-class…
by | Sep 14, 2010 | Towing
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