U.S. Retailers Fare Better Than Expected(Holiday Season)

[CADsortaGUY]

Consumers who kept retailers in suspense for weeks gave the storeowners a better than expected holiday season after all, coming through at the last minute with a big spending spree. Even struggling department stores ended the season with solid results

Now who was it that wanted to meet up in January to talk about retail sales?

CkG

 

[rudder]

Thank you Visa and Mastercard for this wonderful holiday season.

 

[Ferocious]

Yet more good news for China.

 

[DamnDirtyApe]

Upscale stores including Neiman Marcus Group and Nordstrom Inc. were the star performers, posting sales results that far exceeded expectations.

And some retailers got their sales with heavy markdowns that eroded their profits. Wal-Mart warned Thursday that fourth-quarter earnings may fall at the low end of its projections.

Hmm... High-end retailers are booming, yet those catering to, say, the value-conscious consumer, are treading water.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: Ferocious
Yet more good news for China.

...and American cosumers; god bless countries who dump cheap products into our country!

 

[DealMonkey]

Originally posted by: Ferocious
Yet more good news for China.

Yes, that massive record trade deficit isn't going to expand by itself.

 

[Ldir]

They cut prices to keep sales up. They made numbers look good today but hurt profitability. They put fresh paint on rotting boards. It only postpones the problem.

 

[dmcowen674]

Originally posted by: DamnDirtyApe

Upscale stores including Neiman Marcus Group and Nordstrom Inc. were the star performers, posting sales results that far exceeded expectations.

And some retailers got their sales with heavy markdowns that eroded their profits. Wal-Mart warned Thursday that fourth-quarter earnings may fall at the low end of its projections.

Hmm... High-end retailers are booming, yet those catering to, say, the value-conscious consumer, are treading water.

Clearly shows the plan of the New America wiping out the middle class is working like a champ. Only have Uber rich to keep the Neiman Marcus's happy and down at the other end even WalMarts will go bye bye, nothing but Mexican Flea Markets, yeah!

 

[alchemize]

More evidence the left only wants to see bad things happen to the economy

 

[sandorski]

Non-Farm payrolls for Dec Up 1k, expected 150k.

 

[CADsortaGUY]

Originally posted by: alchemize
More evidence the left only wants to see bad things happen to the economy

Typical responses no? I actually have tried to stay out of this thread because I wanted to see all the excuses fly. Now who was it a couple months ago who wanted to wait until January for the numbers? Come on - fess up.

CkG

 

[dmcowen674]

Originally posted by: CADkindaGUY

Originally posted by: alchemize
More evidence the left only wants to see bad things happen to the economy

Typical responses no? I actually have tried to stay out of this thread because I wanted to see all the excuses fly. Now who was it a couple months ago who wanted to wait until January for the numbers? Come on - fess up.

CkG

Shopping at Nieman Marcus CADDY?

 

[Red Dawn]

LOL, now they are like my downstairs nieghbor, too broke from Christmas to pay their rent and bills

 

[Ferocious]

Originally posted by: alchemize
More evidence the left only wants to see bad things happen to the economy

If that were true...then Bush should be considered left of ole K.M.

 

[dirtboy]

This can't be CAD, where are all those unemployed people getting their money from??