Slowest growth in six years for Xmas sales
The National Retail Federation released its annual forecast for holiday sales this morning. Earlier this month it also…
News May 13, 2013
Latest In: forecast
Macy's cuts forecast as comp sales fall
Macy's, which previously gave up reporting monthly same-store sales results, provided an update on its business this morning.…
News May 13, 2013Macy's sales fall in weak environment
Macy's reported a tough second quarter this morning with total sales falling 3 percent to $5.7 billion. Same-store…
News May 13, 2013
Crocs slashes forecast citing slow spending
Crocs Inc. cut its first quarter earnings forecast this week citing slower consumer spending and costs related to…
News May 13, 2013
Billabong cuts forecast due to soft consumer spending in U.S. and elsewhere
Billabong has cut its forecast for the 2008-09 financial year citing softness at the wholesale and retail level,…
News May 13, 2013
More details about Billabong's reduced forecast – retail stores the main factor
I wanted to find out more about why Billabong reduced its guidance for the 2008/09 year (its fiscal…
News May 13, 2013
Billabong lowers forecast on weak U.S. sales; will sell shares to lower debt
Billabong announced today it will raise up to (Aus) $290 million in a 2-for-11 stock offering to reduce…
News May 13, 2013
Survey predicts weak back-to-school shopping season
Reuters: U.S. consumers will spend 8.5 percent to 12 percent less this year on back-to-school items than they…
News May 13, 2013Retailers are cautious about holiday, think consumer spending will continue to lag
There is an interesting study out today about how retailers are approaching the holiday season and business in…
News May 13, 2013
