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More U.S. retailers report disappointing sales in October, as Macy's (M -0.6%) sales rose a...

More U.S. retailers report disappointing sales in October, as Macy's (M -0.6%) sales rose a weaker-than-expected 2.2% and JC Penney (JCP +1.2%) sales fell an unexpected 2.6%. Teen shops such as Hot Topic (HOTT -10.4%) and Wet Seal (WTSLA -17.1%) trimmed outlooks after sales declined. Among 17 retailers that have reported October sales results, ~80% missed.
Comments (1)
  • Windsun33
    , contributor
    Comments (4280) | Send Message
     
    It looks like by far the biggest drop in all retail is in apparel. Most other categories seem to be holding up or doing better.
    3 Nov 2011, 11:17 AM Reply Like
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