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Last updated: 07:13:34 Monday Dec 1, 2008


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  • Retail season starts strong, but a long haul ahead
    New York - In Rochester, N.Y., the roads were clogged at 4 a.m. last Friday as shoppers hit the malls looking for bargains. In Burlington, Mass., it took as long as 25 minutes to find a parking spot early that day. And at Lenox Square in Atlanta, throngs of shoppers hunted for discounts at shoe retailer Nine West.   Nations:U.S.   Activities:2008 Global Recession   Source:(Christian Science Monitor)   2008-12-01

    Holiday season off to a modest start
    NEW YORK - The Thanksgiving shopping weekend doesn't appear to have been the disaster some had feared, but tempered buying and unprecedented deep discounts likely resulted in soft sales. Now, online retailers are ramping up heavy-duty deals to turn skittish shoppers into "Cyber Monday" spenders.   Nations:U.S.   Source:(AP)   2008-12-01

    Holiday sales view still weak after weekend rush
    NEW YORK (Reuters) - Consumers made repeat trips to U.S. stores and spent more on bargains this holiday weekend, but the early rush is unlikely to save retailers from a bleak sales season, analysts said on Sunday.   Nations:U.S.   Source:(Reuters)   2008-11-30

    Target plans price cuts despite lower 3Q earnings
    NEW YORK - Target Corp. said Monday it will aggressively cut prices to give consumers bargains during the holiday season, after weak sales of its apparel and home offerings led third-quarter earnings to fall 24 percent.   Nations:U.S.   Activities:2008 Global Recession   Source:(AP)   2008-11-17

    Retail: The Great Holiday Blowout Sale
    This holiday season is shaping up to be the battle of the better deal -- and it's a bloody battle indeed. For months, retailers have been throwing themselves at consumers with promotions, yet October results show such efforts aren't yielding much, with same-store sales coming out negative across retail sectors. Less than three weeks away from Black Friday -- the biggest U.S. shopping day of the year -- retailers are bracing themselves for what promises to be the weakest holiday season in decades.   Activities:Global Financial Crisis   Source:(BusinessWeek)   2008-11-11

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