Largely Weak November Sales from Retailers
Dec 02, 9:30 AM EST |
|
| The U.S. largest retailers posted mixed sales results in November, reflecting sluggish sales in the first half of the month. |
|
| Wal-Mart Stores, Costco Wholesale Club and J.C. Penney posted weaker-than-expected numbers. Wal-Mart said its November same-store sales fell 0.1%, slightly below the flat numbers expected. The world''''''''s biggest retailer projected flat to 1% higher comparable store sales in December. Costco Wholesale reported same-store sales rise of 5%, slightly down from the anticipated 5.7% increase. Limited Brands reported same-store sales jump of 12%, exceeding estimates of 7.8%. |
|
|
Full Story... |
1
|
|
|
