As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
With retailers moving out of crisis mode, they’re back to investing in new bells and whistles for their stores and websites. Such as: Apps that send coupons to your smartphone or digicams that let you post pictures of a dress y…
Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier.
The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income…
Shoppers are still being careful with their money and hunting for bargains, but generally positive October sales numbers suggest that consumers are beginning to look beyond the basics.
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Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here’s a look at the people who are leading retail …