Cold weather lifts U.S. retailers' January sales
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Frigid winter winds blew life into U.S. retailers' January sales as consumers snapped up cold weather clothes that were left on the shelves from the holiday season.
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As winter settles in, here are some money-saving tips for keeping the cold out.
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U.S. retailers may have a happier holiday season than expected just a month ago, as shoppers cheer up after the elections and start thinking about what to buy as the weather gets cold, analysts said.
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U.S. retailers like Wal-Mart Stores Inc.  and Federated Department Stores  reported weak February sales on Thursday, saying the month's cold temperatures and stormy weather hampered results.
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Sales at U S retailers rose last month more than analysts estimated as a cold snap spurred purchases of coats, hats, and scarves and consumers redeemed holiday gift cards.
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WASHINGTON -- Sales at the nation's retailers edged up by 0.1 percent in February as bad winter weather in many parts of the country kept shoppers away from the malls.
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U.S. retailers were hopeful on Monday that a dusting of snow on the East Coast would put consumers in the Christmas shopping mood after what has so far been a ho-hum holiday sales season.
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UK retail sales bounced back in January after the worst December in three years, a survey says.
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U.S. retailers reported largely  disappointing February sales results on Thursday, as cold  temperatures and stormy weather hampered sales of spring  merchandise.
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NEW YORK -- The traditional excuse for disappointing retail sales in February -- cold weather -- might not be enough to explain sluggish results posted by US merchants from Gap Inc. to AnnTaylor Corp. Unappealing fashions may also have something to do with it.
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The nation's retailers, once hopeful for a strong spring selling season, are being forced to ratchet down their expectations after sales stalled amid the chill of February.
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US retail sales rose 0.3 percent in January, a government report showed Wednesday, as shopping activity rebounded unexpectedly despite growing economic worries.
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WASHINGTON -- Shoppers put aside worries about the slumping economy to go to the malls and auto dealerships in January. That propelled retail sales to a surprising rebound following a dismal December.
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U.S. retailers were hopeful on Monday  that a dusting of snow on the East Coast would put consumers in  the Christmas shopping mood after what has so far been a ho-hum  holiday sales season.
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US retail sales barely rise in January, figures show, as consumers pause for breath after a hectic end to 2006.
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While consumers pulled back, January retail sales still came in ahead of expectations giving the markets a lift.
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Retail chains on Thursday reported  moderate May sales increases, as warmer weather fueled demand  for seasonal items, like gardening and other outdoor goods,  helping retailers rebound from their dismal April.