Target August same-store sales up 6.1 percent
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Target Corp  on Thursday said August sales at stores open at least a year rose 6.1 percent, beating expectations and sending its shares up more than 2 percent.
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Wal-Mart sees August same-store revenues up 2% to 4%. How should investors view this statistical range?
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U.S. consumer prices rose a slight  0.1 percent in August while activity at mid-Atlantic factories  slumped this month, according to reports on Thursday seen  boosting chances of a pause later this year in the Federal  Reserve's drive to raise interest rates.
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Sales of new U.S. homes unexpectedly   rose in August to a seasonally adjusted 1.050 million   annualized rate after a sharp downward revision in July's   tally, while the inventory of homes for sale eased slightly, a   government report showed on Wednesday.
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OTTAWA (CP) - Consumers pushed retail sales to a record $29.1 billion in August, says Statistics Canada. That was up 0.8 per cent from July when sales rose 0.4 per cent and also set a record at $28.
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US retail sales excluding autos rose for a fourth month in August, suggesting stronger consumer spending that will help the economy accelerate this quarter.
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Wal-Mart Stores Inc  on  Thursday reported a higher-than-expected 3.1 percent rise in  August sales at its U.S. stores open at least a year.
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Circuit City Stores Inc. said Tuesday that same-store sales for the quarter ended August 31 rose 2.9 percent at US stores open at least 12 months, and total sales rose 8.9 percent on improvements in store-level execution and growth in Web-based sales.
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The 0.3 percent increase in retail sales was about half what had been expected. In another sign of weakness, industrial production in August edged up by just 0.2 percent.
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Retail sales in Britain rose strongly in August, helped by strong sales of food, official data showed on Thursday.
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US retailers&#39; credit card sales rose more than 6 percent during the first weekend of the holiday shopping season. Same-store sales at Wal-Mart Stores Inc.
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Target Corp.  on Monday  raised its September sales forecast, saying it now expects  same-store sales to rise about 5 percent.
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Costco Wholesale Corp  reported on Wednesday a 2 percent rise in August sales of stores open at least a year.
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Major retailers, led by discounters Wal-Mart and Target, turned in better-than-expected August sales on Thursday, as consumers went back-to-school shopping despite higher gasoline prices and the nation's housing meltdown.
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Costco Wholesale Corp.  on  Thursday reported a 6 percent rise in June sales at stores open  at least a year.
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Teen-oriented retailers reported   sharply higher sales in August as kids flocked to malls ahead   of the new school year, but chains targeting adults fared   worse, as a slowing housing market and higher energy prices   crimped spending.
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Sears Roebuck and Co. surprised naysayers Thursday by reporting a sales gain in October, the first in six months. Sales at stores open at least a year rose 1.9 percent versus a year ago, largely on the strength