Leading Retailers Remain Optimistic Despite Falling Consumer Confidence. (21-FEB-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Leading Retailers Remain Optimistic Despite Falling Consumer Confidence.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 21-FEB-01

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Byline: Judith Schoolman

Feb. 21--Some of the nation's leading retailers predicted a smooth landing for the economy yesterday, in the face of plunging consumer confidence. "We do not see any indication that spending will slow further from its current levels," Wal-Mart CEO H. Lee Scott said yesterday as the world's biggest retailer reported the smallest quarterly profit gain in five years.

The company said the "challenging retail...

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