Wal-Mart Lowers Sales Forecast for August
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LITTLE ROCK, Ark. - Wal-Mart Stores Inc., the world's largest retailer, lowered its sales forecast for August, citing slow back-to-school sales and the effects of Hurricane Charley...
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US retail sales fell 0.3% in August as rising energy costs and bad weather persuaded shoppers to reduce their spending.
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Wal-Mart Stores Inc. , the world's largest retailer, unexpectedly lowered its estimate for September US comparable-store sales growth to 1.3 percent after discovering mistakes in its calculations.
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Wal-Mart Stores Inc.  on Wednesday said September sales growth was smaller than the company estimated just four days earlier, sending its shares 2 percent lower and holding back the broader market.
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BENTONVILLE, Ark. -- Weaker-than-expected holiday shopping forced Wal-Mart Stores Inc. on Saturday to cut its projected sales increase for November by more than half, an ominous announcement for retailers as their busiest time of year begins.
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Ford Motor Co  said on Tuesday that U.S. sales fell 14 percent in August, hit by a decline in showroom sales.
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WASHINGTON -- Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.
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Sales of new single-family U.S.  homes fell 8.3 percent in August to a 795,000 annual sales  pace, its slowest rate in over seven years, while the inventory  of homes dropped, a Commerce Department report showed on  Thursday.
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Lower car sales in August resulted in a 0.3 per cent dip in overall retail sales in the United States during the month following a rise of 0.8 percent in July, the US Commerce Department reported on Tuesday.
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Wal-Mart (WMT:NYSE - news - research) warned Monday of the possibility its discount outlets open longer than a year will report no sales growth in August because of a weak back-to-school season the impact of Hurricane Charley in the Southeast.
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The August start of the back-to-school shopping season was a disappointment for major retailers.
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WASHINGTON - Shoppers turned a bit tightfisted in August, dropping sales at the nation's retailers by 0.3 percent, providing fresh evidence of an erratic pace of consumer spending in recent months.    The decline in sales reported by the Commerce Department on Tuesday came after shoppers pushed sales up by a solid 0.8 percent in July as consumers' willingness to spend revived after a June lull...
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Blaming a computer error, Wal-Mart Stores Inc. on Wednesday lowered its September sales estimate again. The news sent shares lower in early trading and prompted analysts to speculate about what happened at the world's largest retailer when other merchants are expected to report higher sales amid cooling temperatures and easing gasoline prices.
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U.S. retail sales posted a  larger-than-expected decline in August, a Commerce Department  report on Tuesday showed, but the drop was mostly confined to  the automotive sector.
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Wal-Mart Stores (WMT) and other top retailers reported sluggish August sales Thursday, below Wall Street expectations, as soaring fuel prices cut into back-to-school spending.
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Wal-Mart Stores Inc. WMT.N on Monday  maintained its August sales forecast and said demand was  particularly strong in the U.S. Southeast last week as people  stocked up on duct tape, rope and water in preparation for  Hurricane Charley.
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Shares of Wal-Mart Stores Inc. WMT.N  ticked lower on Monday after the world's largest retailer cut  its August sales forecast.