Just a couple of weeks after the close of holiday spending, Wall Street is starting to forecast the financial carnage that retail stores will likely report soon. ...more

January 6, 2009

The outlook for the back-to-school shopping season seemed grim Thursday, as retailers' July sales reports showed an increasing shift toward buying necessities such as food and household supplies at discounters and away from discretionary spending on clothing. ...more

August 8, 2008

More evidence of a dramatic slowdown in consumer spending surfaced Monday, as Sears Holdings Corp. warned a drop in sales would result in a profit shortfall and the world's largest retail trade group issued a downbeat sales forecast for 2008. ...more

January 15, 2008

Target Corp., Limited Brands and Dillard's reported quarterly earnings that trailed analysts' estimates after rising mortgage payments and gasoline prices crimped consumer purchases. ...more

November 21, 2007