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Retail shares fall just days before Black Friday, as weak consumer spending data puts the kabosh...

Retail shares fall just days before Black Friday, as weak consumer spending data puts the kabosh on optimism for a holiday spending spree: Nordstrom (JWN -1.9%), Target (TGT -1.9%), Best Buy (BBY -1.8%) and Macy's (M -2.4%).
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Comments (3)
  • Windsun33
    , contributor
    Comments (4327) | Send Message
     
    Not so sure about weak. Just got back from (HD) and (WMT) and stores were packed at 10 AM. Walmart I could see the day before a holiday, but Home Depot?
    23 Nov 2011, 03:11 PM Reply Like
  • Tack
    , contributor
    Comments (14132) | Send Message
     
    What "weak" data? You mean the one-tenth of a point below somebody's "expectations?"

     

    A better idea is to go back and examine same-store sales for last several months; strong and getting stronger.

     

    Of course, none of this data matters, as the current "cw" is that the world is ending.
    23 Nov 2011, 03:15 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (646) | Send Message
     
    Can we at least get through Black Friday before we buy into the doom and gloom...? Sheeesh....

     

    Have a great Thanksgiving people. And remember those in the streets that have their whole lives in a shopping cart.

     

    Perk
    23 Nov 2011, 03:16 PM Reply Like
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