AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Supreme Court To Decide Blockbuster Cases Soon
Controversial Book On Obama Appears To Have Lifted Key Quote
retail sales
Black Friday Data Hint at More Confidence in the Economy
By Carla Baranauckas - Politics DailyWhile the television images showed Black Friday shoppers in the customary frenzy that has become almost traditional for the day after Thanksgiving, it remains to be seen whether Americans are really ready to believe that the recession is over. ShopperTrak, which compiles retail data, reported that retail sales for Black Friday were a mere 0.3 percent higher than last year. But the number of people visiting the stores rose by 2.2 percent. The firm said its data "shows early holiday sales and door buster promotions impacted Friday's performance as the company saw some unexpected strength in ...
Good Economic News May Be Bad for Fed's Plan
By Joseph Schuman - AOL News
(Nov. 16) -- Consumers, the life's blood of the American economy, have shown a growing willingness to spend, but this might play havoc with the Federal Reserve's bold plans to revive the recovery. The latest bit of good news came from October's retail sales, which were up 1.2 percent from September and more than 7 percent from October 2009, the Commerce Department reported Monday. Sales rose nearly twice as fast as they did the month before, and it was also the strongest month for American retailers since August 2008, just before the full onslaught of the financial crisis that hit with the ...
The New Retail Reality: More Shoppers but Spending More Cautiously
By not in system - AOL News
A new reality for retailers is here, and according to October sales, it means more shoppers in stores, but they're also spending more carefully. That's not necessarily bad news for the holiday season. It's just that retailers have accepted they'll have to work hard this year to keep registers ringing. See full article from DailyFinance: http://srph.it/9Rlyha ...
Retail Sales Rise 1.2 Percent in October
By not in system - AOL NewsWASHINGTON (Nov. 15) -- Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department reported Monday that retail sales rose 1.2 percent last month. That was nearly double the gain that had been expected and the largest increase since March. Much of the strength came from a big rise in auto sales. Excluding autos, retail sales rose a more modest 0.4 percent. October represented the fourth straight increase in retail sales after sales had fallen in May and June. Those declines had raised worries about the economic ...
10 Big Retailers Shuttering Stores
By not in system - AOL News(Aug. 20) -- Your next shopping trip may not be as convenient as it used to be. The second quarter earnings season brought news from several major retailers that they will be shutting down stores. Both Saks (SKS) and Abercrombie & Fitch (ANF) said they were closing stores in several parts of the country. Meanwhile, other stores like the struggling Blockbuster video rental chain, continue to slash stores by the dozens. American Apparel (APP), which is close to defaulting on its loans, just may be next. .brddelete { background:#F6F6F6 none repeat scroll 0 0; color:#DDDDDD; padding:5px; ...
Recovery Growing? Retail Sales Rise in March as Shoppers Reemerge
By Tom Diemer - Politics DailyRetail sales climbed 1.6 percent in March as shoppers emerged from the winter doldrums to buy automobiles and other goods in a broadening of the economic recovery. The March jump in sales was the best showing since last November and followed February's 0.5 percent increase, the Commerce Department said. The picture brightened especially for the automobile industry last month. Motor vehicle and parts sales were up 14.1 percent from March of 2009, the government said. In all, retail and food sales in the U.S. amounted to $362 billion, possibly reflecting better weather in many parts of the ...
Retail Sales Up in February, Surprising Economists
By Tom Diemer - Politics DailyRetail sales rose in February despite the bad weather, surprising the economists (and they are often surprised) who expected a decline. Sales for the month climbed 0.3 percent, the Commerce Department reported. That may not sound like much, but it's 3.9 percent better than February 2009 and a jolt to some on Wall Street who thought the sales rate would be in negative territory. "The consumer continues to come out of its shell after the shell-shock of the recession," T. Rowe Price analyst Alan Levenson told the New York Times. "Employment is falling more slowly, wages are growing modestly, ...
Retail Sales Jump in January
By Christopher Weber - Politics DailyU.S. retailers reported better-than-expected sales during January but analysts say it remains to be seen if the rising numbers are a trend or just an echo from the holiday season spending glut, Reuters reported. A survey of 29 major retailers compiled by Thomson Reuters found January sales rose 3.3 percent, nearly twice what analysts were expecting. The numbers show a rebound from January 2009, when sales fell 5.7 percent, and follow a bigger-than-expected 2.9 percent jump in December, according to Reuters. Industry experts worry the trend won't carry over for the full first quarter of ...
Strong Retail Sales Defy Democrats' Forecasts
By Mark Impomeni - Politics DailyAOL News has the figures from the Thanksgiving weekend start to the Christmas shopping season, and early indications are that shoppers have not been paying attention to gloomy media and political candidates' forecasts about the state of the economy. Retail sales for Friday and Saturday combined rose by 7.2% over last year to a staggering $16.4 billion. Sales on Black Friday alone rose a very healthy 8.3% over last year to $10.3 billion, according to ShopperTrak RCT Corp, which tracks sales at over 50,000 retailers nationwide. The news was even better online, as consumers drove sales up 22% ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Palin Earnings Estimated at $12 Million
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- The Five Most Racist Obama Cartoons?
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Jimmy Carter Leaves Church Over Treatment of Women
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- Romneys Love Fancy World of Rarefied Sport
- Rudy Giuliani: Mitt's Great. I'm Just Better
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- More Stories »
- The 7 Best Moments from Sunday Talk
- Know Your Enemy
- Cannes’s Mischief Maker
- Cut It Out, Internet Bullies!
- Cut It Out, Internet Bullies!
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics