Sentiment data spurs retail worries
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U.S. consumer sentiment slipped in November, data showed on Wednesday, sparking concern over the outlook for the country's retail sector during the holiday gift-giving season.
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With only four more shopping days until Christmas, it&#39;s the retailers -- not the shoppers -- who appear to be feeling frantic.
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An earnings warning from Lowe&#39;s Cos Inc   and a slashed September sales forecast from Target Corp   hammered retail stocks on Tuesday as skittish consumers  rein in spending, fueling concerns that the holiday shopping  season could be the weakest in years.
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Investors may have overreacted to the retailer's upbeat December same-store sales.
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NEW YORK - U.S. stocks are seen opening in a subdued mood with the release of August's retail sales report likely to influence overall sentiment...
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Stock futures signaled a slightly weaker opening on Wall Street on Thursday as disappointing monthly sales from retailers such as Costco Wholesale Corp.  were likely to hit sentiment and revive worries about consumer spending.
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Business & money: Retail Watchdog may be on trail of bullyboys whose threats drive down prices.
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Figures showing a drop in retail sales spark fears that the recent consumer spending rebound could be coming to an end.
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The consumer sentiment index slipped to 95.8 from 95.9 in August. Economists were expecting the index would tick up to 96.5. The index will be updated in two weeks to reflect surveys returned throughout September.
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NEW YORK - Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday shopping season, if the labor market contracts further and chokes off spending, economic data showed yesterday.
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New research shows that pessimists are on shaky ground when they argue that recent heavy selling by company insiders is a bearish sign for the stock market.
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U.S. consumer sentiment rose less than expected in January from December, although worries persisted over sharp declines in the stock market and the housing slump, a survey released on Friday showed.
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Is today's big retail news a surprise? Only for those who weren't paying attention.
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A raft of bearish data fuelled fears of a US economic slowdown on Tuesday as consumer confidence slumped to a two-year low and house prices in major cities suffered the biggest drop in 16 years.
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Shoppers expecting big, across-the-board price cuts in the run-up to Christmas may be in for an unpleasant surprise.
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Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday shopping season
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Consumers worried about job prospects. Raises questions about whether Americans will be in spending mood during holidays. Worries about job prospects sent consumer confidence in the United States to a seven