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Grim holiday forecast for retailers as shoppers delay buying
The Christmas shopping season weakens for chains such as J C Penney and Federated. Same store sales lag goals across Penney Macy s Bloomingdale s Saks and Dillard s. Analysts warn of store closings and ongoing economic uncertainty with the final pre Christmas week proving the weakest yet.
MENTIONED IN THIS ARTICLE
New York
J.C. Penney
Federated Department Stores
Burt Flickinger
Reach Marketing
Federated
Bloomingdale's
Macy’s
Penney
Target Corp
Wal-Mart
Wall Street
Michael P. Niemira
Bank of Tokyo Mitsubishi Ltd
Flickinger
Saks Inc
Dillard's
International Council of Shopping Centers
ShopperTrak