International Business News - Retailers http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the sector activity stories for Tuesday, Dec. 2, from AP Financial News: NEW YORK (AP)--Analysts on Tuesday said they expect apparel retailers' November same-store sales to continue to be dismal, as consumers cut back on more discretionary items such as clothing amid a recession. http://www.ibtimes.com/articles/20081202/sector-roundup-retailers-airlines.htm Tue, 02 Dec 2008 14:19:59 EST Among the market stories for Monday, Dec. 1, from AP Financial News: NEW YORK (AP)--As consumers transition the hunt for holiday deals from malls to their computers, analysts said that sales on "Cyber Monday" will likely be flat compared with last year. http://www.ibtimes.com/articles/20081201/premarket-roundup-online-retailers-automakers.htm Mon, 01 Dec 2008 09:40:12 EST Shares of many athletic-goods retailers fell Friday as continued drops in consumer spending led to a spate of darker earnings this week. Foot Locker Inc. saw the sharpest drop, with shares plunging $2.57, or more than 33 percent, to $5.06 by midday trading, a day after the company announced disappointing third-quarter results and slashed its outlook. http://www.ibtimes.com/articles/20081121/shares-of-athletic-goods-retailers-drop.htm Fri, 21 Nov 2008 15:22:26 EST Shares of many athletic-goods retailers fell Friday as continued drops in consumer spending led to a spate of darker earnings this week. Foot Locker Inc. saw the sharpest drop, with shares plunging $2.57, or more than 33 percent, to $5.06 by midday trading, a day after the company announced disappointing third-quarter results and slashed its outlook. http://www.ibtimes.com/articles/20081121/shares-of-athletic-goods-retailers-drop.htm Fri, 21 Nov 2008 15:22:49 EST A day after Home Depot Inc. reported better-than-expected third-quarter results, an analyst on Wednesday reaffirmed his "Buy" rating on the home improvement retailer and its main rival, Lowe's Cos. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-home-improvement-retailers.htm Wed, 19 Nov 2008 09:09:49 EST Shares of major retailers fell on Monday as investors anticipated a weak holiday shopping season ahead. "The news events over the past several weeks could serve as an additional catalyst for weak consumer spending," Barclays Capital analyst Robert Drbul wrote in a research note on Monday. He said high unemployment, inflation and a troubled housing market could pile on more pressure to U.S. consumers who already face a weak economy. http://www.ibtimes.com/articles/20081110/shares-of-major-retailers-fall-ahead-of-holidays.htm Mon, 10 Nov 2008 14:00:08 EST Weak results from teen apparel retailers for October showed Thursday that even teens--along with their parents--are cutting back on spending in the tough economy. http://www.ibtimes.com/articles/20081106/sector-snap-teen-retailers.htm Thu, 06 Nov 2008 14:00:54 EST Specialty apparel retailers reported dismal October same-store sales reports on Thursday, hurt by a drop-off in consumer spending amid an uncertain economy. http://www.ibtimes.com/articles/20081106/sector-snap-specialty-apparel-retailers.htm Thu, 06 Nov 2008 11:17:41 EST Shares of teen apparel retailers were mixed Wednesday after Federal Reserve policymakers cut a key interest rate to try to boost the slumping economy. http://www.ibtimes.com/articles/20081029/teen-retailer-shares-stocks-mixed-after-rate-cut.htm Wed, 29 Oct 2008 14:51:08 EDT The top marketing executives of 100 retailers predict that comparable store sales will drop 2.7 percent this holiday shopping season, according to a BDO Seidman Retail Compass Survey released Monday. http://www.ibtimes.com/articles/20081027/retail-marketers-expect-drop-in-same-store-sales.htm Mon, 27 Oct 2008 11:09:39 EDT Shares of specialty apparel retailers declined Friday, as the broader market sank amid fears of a long-lasting global recession. In morning trading, the Dow Jones Industrial Average fell 400 points. Earlier in the day, futures sank so low that selling was halted in pre-market trading. http://www.ibtimes.com/articles/20081024/apparel-retailers-fall-amid-market-slump.htm Fri, 24 Oct 2008 11:11:14 EDT A Wachovia analyst on Friday cut his earnings estimates for several automotive retailers, citing the continued drop in new vehicle sales and tight credit markets. http://www.ibtimes.com/articles/20081024/analyst-cuts-estimates-for-auto-retailers.htm Fri, 24 Oct 2008 13:30:33 EDT A Citi retail analyst upgraded Kohl's Corp. to "Buy" from "Hold" on Tuesday, saying the department store operator should benefit from the liquidation of Mervyns LLC and the woes of other struggling stores over the long term. http://www.ibtimes.com/articles/20081021/citi-upgrades-kohls-wal-mart-saks-off-top-picks.htm Tue, 21 Oct 2008 15:33:39 EDT Shares of apparel retailers largely rose on Monday, along with broader market, although an analyst said the sector is facing a deeper slowdown than expected and downgraded two companies. http://www.ibtimes.com/articles/20081013/sector-snap-apparel-retailers-mainly-rise.htm Mon, 13 Oct 2008 14:20:07 EDT Shares of teen apparel makers declined along with the general market on Monday, as investors fear that U.S. financial turmoil would spread globally sent the market plunging. http://www.ibtimes.com/articles/20081006/sector-snap-teen-apparel-shares-down-with-market.htm Mon, 06 Oct 2008 13:16:03 EDT A team of analysts cut their earnings estimates and price targets on an array of auto retailers, citing slower-than-expected vehicle sales in September. http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-auto-retailer-estimates-cut.htm Mon, 06 Oct 2008 08:38:26 EDT As credit markets tighten amid financial-market turmoil, an analyst said Friday apparel retailers should have limited concern because they usually have little debt. http://www.ibtimes.com/articles/20081003/apparel-retailers-credit-woes-limited-analyst.htm Fri, 03 Oct 2008 11:53:01 EDT The financial meltdown is casting a dark cloud on a holiday season that some experts had already expected to show the weakest sales growth in 24 years. So plenty of stores are increasing the discounts on fall items as soon as they hit the floors, even as shoppers are staying home more. http://www.ibtimes.com/articles/20081002/financial-turmoil-taking-toll-on-stores-shoppers.htm Thu, 02 Oct 2008 17:22:58 EDT MELTDOWN MOVES TO THE MALL: Stores worry the financial meltdown will make for slower sales this holiday season. They're stepping up discounts on fall goods. http://www.ibtimes.com/articles/20081002/summary-box-financial-crisis-moves-to-stores.htm Thu, 02 Oct 2008 17:26:29 EDT Alarmed by the financial meltdown, stores nationwide are slapping sale signs on everything from fall sweaters to furniture--frantically trying to attract shoppers who are cutting back. http://www.ibtimes.com/data/articleimgs/144233-financial-meltdown-retail.jpg http://www.ibtimes.com/articles/20081002/financial-crisis-moves-from-wall-st-to-the-mall.htm http://www.ibtimes.com/articles/20081002/financial-crisis-moves-from-wall-st-to-the-mall.htm Thu, 02 Oct 2008 20:10:31 EDT