Retail sales up in September in cautious market
New York AP reports the nations largest retailers posted higher September sales but warn of a lukewarm holiday season. Analysts cite slow consumer spending high gas prices and fashion fatigue as factors. J C Penney and Dillard s saw declines while discounting boosted margins.
MENTIONED IN THIS ARTICLE
Svew York
Piper
John Morris
Gerard Kier Mattison
Michael Niemira
Bank of Tokyo-Mitsubishi, Ltd
Bank of Tokyo-Mitsubishi Regjai
Oh Soi
Federated Department Stores
May Department Stores
Nordstrom
J.C. Penney
Penney
Dillard’s
Retailers face August September sales boost amid oil price rise
AP reports top retailers see September sales stronger due to August spending. Abercrombie & Fitch strained by lack of must-have clothing while rising oil prices suppress consumer spending. Walmart posts 4.8 percent same-store gain but warns fuel costs will trim disposable income ahead of holidays. H Lee Scott Jr. says the issue will be big this season.
MENTIONED IN THIS ARTICLE
Kurt Barnard
Barnard Retail Trend Report
Upper Montclair
N.J
Abercrombie & Fitch
New York Mercantile Exchange
Shop- Ko
Kmart Corp
Eric Bender
Ladenburg
Thalmann Inc
Kiven Wal-Mart
H. Lee Scott Jr
Owens Corning Files for Bankruptcy Protection
Owens Corning files for Chapter 11 in Wilmington to resolve asbestos liabilities likely totaling about 7 billion dollars. The Toledo based company reports paid or agreed to pay 5 billion and faces an additional 2 billion in claims amid falling building supply demand and ongoing lawsuits.
MENTIONED IN THIS ARTICLE
Toledo, Ohio
Owens Corning
Glen H. Hiner
Wilmington
Del
Hiner
Pittsburgh Corning Corp
Babcock & Wilcox Co
Johns Manville Corp
Standard & Poor
Barbara Allen
Arnhold & S. Bleichroeder
New York
United States
Also Mentioned on This Page
Apwire
Wal-Mart Stores Inc
Sears Roebuck and Co
Shebesethee J.C. Penney Co. Inc
Target Corp Federated Department
Stores Inc. May Department
Stores Co. Gap Inc
B Limited Inc
TJX Cos
Dillard’ Ss Inc
Sales Inc
Naturalizer
Lemay
Office Depot
Emachines Etower
INTEL
Celeron
Rhate
Nubuck
Atlas Mall
CompuServe
Nti
O Compuserve
Uleron Are
Corporation
Wousue
EPSON
Runerall
Semequires
Ccal
Inv
Scanjet
HP Scanjet
Gee Lette
Han
U.S
P -Rating Services, Inc
Officedepot.com
The
Gaston Gazette
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