Gap November same-store sales drop 8 percent
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Gap Inc.  said on Thursday its  sales at stores open at least a year fell 8 percent in  November, below analysts' average forecast, as fewer customers  visited its stores even during the kick-off to the busy holiday  season.
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Wal-Mart Stores Inc.  shares fell in pre-market trading on Monday after the world's biggest retailer cut its November sales forecast, casting a shadow over hopes for a bumper holiday shopping season.
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Major U.S. retailers reported modest gains in November sales on Thursday, as discounting lured customers, but high energy prices and nagging concerns about a soggy job market kept buying in check.
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Pending sales of existing homes fell 2.6 percent in November from an October level that was revised sharply upwards and sales should hold steady over the next few months, a real estate trade group said Tuesday.
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West Coast retail chain Longs Drug Stores Corp. said Friday that sales at stores open at least one year, or same-store sales, declined 2 percent in the month of November.
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Sales at US retailers rose less than forecast at the start of the holiday season as Federated Department Stores Inc. and Limited Brands unexpectedly posted November declines.
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ShopKo Stores Inc., a specialty and  discount retailer, on Wednesday said sales at stores open at  least a year fell 4.8 percent in November but maintained its  fourth-quarter earnings forecast.
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Women&#39;s apparel retailer Christopher &amp; Banks has posted a decline in a key December sales measure. The company reported same-store sales; those at stores open for at least a year, dropped by 7 percent for the month.
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Shares in a range of area retailers dipped Monday on disappointing Thanksgiving sales data from Wal-Mart Stores Inc. In addition, ShopperTrak, which tallies sales results from 30,000 stores nationwide, said
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The outlook for the holiday season dimmed Thursday as the nation&#39;s retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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From discounters to department stores, the nation&#39;s retailers reported bleak November sales yesterday, raising doubts about holiday sales prospects.
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Struggling apparel giant Gap Inc.  said on Thursday that fourth-quarter net profit fell 35 percent  on lower or flat sales at its two main casual clothing chains  and dependence on holiday season discounts.
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Sales at U.S. retailers fell 0.4 percent in December and were less vigorous in November than previously thought, according to a government report on Tuesday that implied costlier energy and slumping housing prices were taking a toll on consumers.
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New-home sales in November dropped 9 percent from the previous month, and were down 34 percent from a year earlier, more dismal figures for an industry facing bloated inventory, declining prices and mortgage woes.
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Wal-Mart Stores estimated that November sales fell 0.1 percent at its stores in the United States that have been open for at least a year.
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Retail sales growth in the week after Thanksgiving fell to 3.1 percent, the slowest rate in four years, as consumers delayed holiday purchases to wait for discounts.
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BEIJING, Dec. 14 -- Sales at US retailers may have fallen in November as consumers took a break after spending at the fastest pace in almost three years, economists said in advance of yesterday&#39;s Commerce Department report.