Retail sales fell 2.7 percent in December according to the Commerce Department, the sixth straight monthly drop. Excluding autos and auto parts, sales were down 3.1 percent. November sales estimates were revised downward as well. Economists ...
Good news from Calculated Risk's latest rundown of Credit Crisis Indicators. The TED spread is below 1.0.
The American economy is likely to deteriorate before it improves sometime in 2010, according to the chief executives of several large retailers, who gathered Monday night in New York for an annual dinner hosted by the investment bank Financo. "I...
The industry has been bracing for a wave of retailer bankruptcies and closings. Little by little, that is now beginning. Shane...
This is just getting weird. The merger was so long ago. Is there really anything to halt in the merger at this point? The deal...
The downturn has been quick and dramatic. And because of that, some economists are now arguing that the recovery will take...