After Christmas shoppers face weak holiday sales outlook
The post holiday rush may not lift the ailing season retailers warn December revenues will miss targets. Analysts cite high gasoline prices market volatility and slowing economy as dampeners while shoppers seek bargains at malls and clearance sells.
MENTIONED IN THIS ARTICLE
Federated Department Stores
Wal-Mart Stores Inc
Jeweler
Zale Corp
Michael Niemera
Bank of Tokyo-Mitsubishi Ltd
John Konarski
International Council of Shopping Centers
Deborah Sparks
Mechanicsville
Sears, Roebuck and Co
Stocks mixed as Christmas rally fades on Wall Street
On light trading before New Year’s, techs fell while blue chips rose modestly. The Dow gained 56.88 to 10692.44, Nasdaq slipped 23.50 to 2493.52, and S&P 500 rose 9.22 to 1315.19 as investors fretted over tech earnings and rate cut prospects. Yahoo! gained 1.63 to 31.19. IBM dropped 4.19 to 84.81. Ciena and Cisco fell. J. P. Morgan rose 1.13 to 169 and Coca Cola up 1.13 to 60.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Brian Belski
US Bancorp
Piper Jaffray
Standard & Poor
Barry Hyman
Weatherly Securities
Yahoo
Ciena
Cisco
IBM
J.P. Morgan
Dow
Coca-Cola
Controversy over Confederate flag and Bessinger sauce persists
The debate over the Confederate flag at the Statehouse monument spurred a broader boycott of Maurice Bessinger products. Major retailers including Harris Teeter and Kroger dropped his sauces amid civil rights pressure, while some independents and shoppers continue to seek his products. Lawmakers consider penalties for firms refitting.
MENTIONED IN THIS ARTICLE
Statehouse
National Association For the Advancement of Colored People
South Carolina
Civil Rights Organization
Bessinger
Bessinger’s
Maurice
Jessica Walter
North Carolina
Glenn McConnell
Charleston
Ing
McConnell
Kay Lawrimore
Francis Marion University
Florence
Lawrimore
St. Augustine
Fla
Brian Payne
Harris Teeter
Jay Mowery
Aiken
Warrenville
Mowery
Piggly Wiggly
Wagener
David R. Schools
Piggly Wiggly Carolina Co
Columbia
Shoppers seek bargains as post Thanksgiving sales surge
Rhodes and Ryter Brown drove from Kernersville to Raleigh to hunt leftover ornaments and clearance items. Rhodes bought about 120 dollars of merchandise valued roughly 250 dollars, urging her husband to view it as saving money. Carol Goldstein and her daughter Heather sought clothes on sale, noting discounts of 50 to 60 percent. Retailers report cold weather driving shoppers indoors and plan for two extra shopping days versus 1999, with JCPenney noting flannel and fleece hot items and a strong November.
MENTIONED IN THIS ARTICLE
Niemera
Theodore
Eric Frett
Boston
Downtown Crossing
Suzanne Mulvaney
Pittsburgh
Kaufmanns
Rhodes
Ryter-Brown
Kernersville
Raleigh
Sherry
Carol Goldstein
Heather
Goldstein
John Martin
Jcpenney
Cleveland
Shelby
Calendar of business and management events in Charlotte
A calendar of upcoming events in Charlotte includes meetings and conferences across business communication, turfgrass, executive MBA programs, hazardous waste management, human resources equal employment opportunity, direct marketing, chamber of commerce activities, motors training, electrical courses, crisis management, and related seminars. Notable dates span January to March with contact numbers for registration.
MENTIONED IN THIS ARTICLE
International Association of Business Communicators
Duke Energy
Miller
S. Church St
Charlotte
North Carolina
Charlotte Convention Center
Marsha Richardson
Wake Forest University
Babcock Graduate School of Management
Motrocroft Centre
Morrison Blvd
Lion Technology Inc
Sheraton Charlotte
Mid-Atlantic
Virginia Beach
Gaston Chamber of Commerce
Gaston Country Club
Gaston College
McNaughton-McKay Electric Company
Crisis
Adam's Mark
Also Mentioned on This Page
The
Associated Press
David R
Piggly Wiggly Carolina Do
Cherryville
Outlook
Edward Jones
Tim Cost
Bristol-Myers Squibb
Gaston County
Gastonia
Chris Pridnia
Robert M. Sisson
W. Main St
Doug Rogers
S. New Hope Rd
MT. Holly
Paul Abernathy
N. Main St
SIPC
Dwight Mathis
Catawba St
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!