AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Create a link to this page

Copy and paste this link tag into your Web page or blog:

<a href="http://www.accessmylibrary.com/coms2/summary_0286-8772593_ITM" title="Facts and information about Major Retailers' Marked-Down Forecasts Add Further Economic Gloom.">Major Retailers' Marked-Down Forecasts Add Further Economic Gloom.</a>

Close Set up an RSS feed that alerts you when new articles from Daily News (New York, NY) are available.

Frequently asked questions about RSS feeds

Major Retailers' Marked-Down Forecasts Add Further Economic Gloom.

Daily News (New York, NY)

| October 01, 2002 | COPYRIGHT 2007 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nancy Dillon

Oct. 1--The already weak economy took another lump yesterday when a group of major retailers marked down their September sales forecasts.

No. 1 retailer Wal-Mart scaled back its forecast for the second time in two months, signaling even discount chains are finally feeling the pinch of consumer hesitancy.

And Federated, parent of Macy's and Bloomingdale's, along with fellow department store chain J.C. Penney admitted September sales were tracking below expectations.

Consumers' spending patterns are closely watched as they account for two-thirds of economic activity.

The back-to-school shopping season was a …

View articles courtesy of your local library

Related articles from newspapers, magazines, journals, and more


ALL-NEW QUALIS SEES SALES SPURT IN SEPTEMBER (sales figures in Sep 2002 show a...: News wire article from: Asia Africa Intelligence Wire October 2, 2002 700+ words
...trendy looking Qualis has given a boost to sales of Toyota Kirloskar Motors. Sales figures in Sep 2002 have shown a 28-percent growth over Sep 2001, triggering an expansion in the multiutility vehicle (MUV) market. Corporates, call centres and fleet...


September sales pace slows at some big stores: banks. (department stores,...: Magazine article from: Daily News Record Seckler, Valerie October 3, 1996 700+ words
...two investment banks to lower their September sales forecasts Tuesday. In its weekly...May Co., compared with the 1 to 2 percent growth expected. LJR Redbook Research also...forecast downward, and now expects September sales to fall short of August sales by 0...


Apparel, accessory stores off 1.5% in September sales.: Magazine article from: WWD Farnsworth, Steve October 15, 1990 700+ words
...ACCESSORY STORES OFF 1.5% IN SEPTEMBER SALES WASHINGTON (FNS) - Sales...8.1 billion in August. September sales were also below those in July...nearly reversed by a 2.2 percent growth in sales at apparel and accessory...


September sales estimates get trimmed.: News wire article from: The America's Intelligence Wire October 6, 2004 700+ words
...the bottom end of a previous forecast of a 2 percent to 3 percent growth. Though it was widely expected that retailers would lean...Meanwhile, Merrill Lynch analyst Daniel Barry expects that "September sales will be disappointing for most retailers, particularly...


Saks September sales down 33.1 percent.: News wire article from: Europe Intelligence Wire October 5, 2006 700+ words
...store sales, or sales in stores open at least a year, rose 10 percent, blowing past the average Street estimate of 3.8 percent growth, according to Thomson Financial. Same-store sales gained 5.7 percent in its department store group, which includes...


FIAT INDIA RECORDS RISE IN SEPTEMBER SALES (at 1,503 units when compared to...: News wire article from: Asia Africa Intelligence Wire October 4, 2002 700+ words
(From India Business Insight) Fiat India Ltd's sales increased to 1,503 units during Sep 2002 (1,382 units in Sep 2001). It recorded 374 percent growth in sales at 36,081 units during Sep 2001-Aug 2002 when compared to Sep 2000-Aug 2001.


Auto sales decelerate.: Newspaper article from: Manila Standard November 8, 2008 700+ words
...pickup trucks remained very strong with a 40-percent growth so far for the year. The month of October...sub-segment as well, with a 15.14-percent growth for October against September sales. Van sales continued to grow, with about...


Wal-Mart sales rise 2.7 percent in August.(Public Company Reports): Magazine article from: Arkansas Business September 4, 2006 700+ words
...that August same-store sales rose 2.7 percent, near the high end of its forecast for 1-3 percent growth. Wal-Mart also said September sales would increase 1-3 percent. Meanwhile, total sales for August rose 12.5 percent to $25...


Sutlej net up by Rs 11-cr.: Newspaper article from: Economic Times (New Delhi, India) November 2, 2006 700+ words
...Rs 5 crore net in the corresponding period previous year. The higher profit follows a 17.94 percent growth in Sutlej's July-September sales revenue at Rs 184 crore (Rs 156 crore). Operating profit before interest, depreciation and...


Economic Outlook, CNNfn.: News wire article from: The America's Intelligence Wire September 29, 2003 700+ words
...talking today, particularly from the stock exchange about them saying that they see their September sales at the top of their 3 percent, to 5 percent growth range. That is certainly a plus because they had good sales last month. Maybe that is...

For more facts and information, see all results

Source: HighBeam Research, Major Retailers' Marked-Down Forecasts Add Further Economic Gloom.

The AccessMyLibrary advertising network includes: