80°
Baton Rouge, Louisiana
3 Day Outlook
Mon
75°
68°
80%
Tue
71°
53°
50%
Wed
71°
51°
10%

Latest Weather Blog

Follow our weather team on social media

Early retail reports suggest sluggish November

5 years ago Thursday, December 03, 2009 6:07:38 AM CST December 03, 2009 Thursday, December 03 2009 Dec 3, 2009 in News
Source: Associated Press

Retailers reported sluggish sales results for November as a modestly positive start to the holiday shopping season wasn't strong enough to offset weak spending the rest of the month.

According to early results Thursday, stores including teen merchant Wet Seal Inc., Children's Place Retail Stores Inc. and discounter Fred's Inc., reported sales declines.

Warehouse club operator Costco Wholesale Corp. reported a gain, though it was smaller than expected.

Limited Brands Inc., which runs Victoria's Secret and Bath & Body Works, reported solid sales gains.

The figures were based on sales at stores open at least a year and are considered a key indicator of a retailers' health.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
80°
70°
Mon
Heavy T-Storms
75°
68°
Tue
AM T-Storms
71°
53°
Wed
Mostly Cloudy
71°
51°
Thu
Mostly Sunny
76°
52°