Disappointing Retail Sales Figures

Retailers are reporting surprisingly weak December revenue after a strong November pulled forward holiday spending and a blizzard in the Northeast took a bite out of sales after Christmas.
Analysts still expect spending in November and December to show the largest annual increase since 2006.
As merchants report their figures Thursday, many retailers including Target Corp., Costco Wholesale Corp. and Macy's Inc. reported gains that were below Wall Street expectations. Bon-Ton Stores Inc.'s sales were virtually flat and company officials blamed the severe snowstorms.
The figures are based on revenue at stores opened at least a year, a key measure of a retailer's health.

WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. Comments may take up to 24 hours or longer to appear on the site.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 113009959 - wilx.com/a?a=113009959
Gray Television, Inc.