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Moody's expects U.S. retailers to continue struggling in 2012, thanks to both weak consumer...

Moody's expects U.S. retailers to continue struggling in 2012, thanks to both weak consumer spending and rising commodity prices. Following earnings misses from SHLD, LOW, and GPS, Moody's expects just 1% operating growth for the sector this year, and a mere 2%-3% growth next year. (consumer confidence)
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Comments (1)
  • golongcheckdownmkt
    , contributor
    Comments (40) | Send Message
     
    Moody's should seek some medication to improve its mood dun dun dun dun!
    26 Oct 2011, 03:05 PM Reply Like
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