Topic: Walter Loeb
Retailers expect coal this holiday season thanks to a deflated housing market and rising energy costs. "Leaving the fate of the quarter in the hands of the consumer can be dangerous," says Merrill Lynch retail analyst Lorraine Maikis.. A strong lineup of ...
Cautious ordering means idle factories abroad and fewer choices for consumersA KEY SEASON: Toy sellers, for instance, are ordering what they think will be best-sellers but delaying their buying on many other playthings they're not sure about.LONG LEAD TIMES: Luxury ...
Retail industry cuts 91,300 jobs in November, most since April 1956, as consumers cut backThe U.S. retail industry slashed a startling 91,300 jobs in November, the biggest monthly loss in more than half a century, as it confronts a ...