Retailers Report Big November Sales Gains Across Chains
The nation’s largest retail chains reported stronger November sales with double digit gains, led by apparel. Sears Roebuck posted 14.2 percent rise for four weeks ending Nov 26 and 15.9 percent for year to date. Kmart noted 15.9 percent November growth hindered by late cold weather.
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New York
Stuart Robbins
Mitchell Hutchins Inc
Robbins
Sears, Roebuck & Co
Kmart Corp
Robert Dewar
Wall Street Mixed as Uncertainty Persists in Market
New York reports a mixed session with bargain hunting amid ongoing uncertainty over multiple issues. The Dow fell 3.99 to 825.71 while the NYSE completed 24.22 million shares, and Syntex Corp led gainers on the AMEX as NASDAQ climbed to 103.68.
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