Beyond their control like the economy and the fiscal cliff . I think overall it was more probably 70 to 80 factors beyond the retailers control. I think retailers had creative merchandise but i think the news didnt lead to a feel good factor. In any economy, good or bad, you always have some winners. Who did really well this year . Well, it looks like in terms of who did well so far, Companies Like American Eagle outfitters limited, michael cors, macys tj and i would say costco was also a winner. On the flip side were there retailers that you had high hopes for going into the season but just didnt deliver in the end. Certainly we will see some becoming more promotion al, some of the childrens retailers, whether it was impacted by weather or there was Competitive Price and they did a good job at it, the childrens retailers seemed to have a tougher season this year. Now is the time of year when we shift into gift card sales. What most people dont realize is those sales get counted until
This is n. B. R. Susie good evening everyone. Im susie gharib. Tom hudson will be along a little later in the program. Hohum sales for the nations retailers this christmas, ringing up the worst Holiday Season in four years, we talk with a top retail analyst. President obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. They have five days to make a deal. And housing continues to be the bright spot in the u. S. Economy home prices post their biggest advance in two years. That and more tonight on n. B. R. christmas may be over, but the Holiday Shopping season continues. Many consumers hit the malls today to return gifts and buy what they really wanted. And this is the time many gift cards get redeemed. But for retailers, holiday sales so far have been a flop. Sales in the two months leading up to christmas, rose just 0. 7 , according to Mastercard Advisors that tracks the numbers. Thats way below what the Retail Industry was predicting. Erik
Beyond their control like the economy and the fiscal cliff . I think overall it was more probably 70 to 80 factors beyond the retailers control. I think retailers had creative merchandise but i think the news didnt lead to a feel good factor. In any economy, good or bad, you always have some winners. Who did really well this year . Well, it looks like in terms of who did well so far, Companies Like American Eagle outfitters limited, michael cors, macys tj and i would say costco was also a winner. On the flip side were there retailers that you had high hopes for going into the season but just didnt deliver in the end. Certainly we will see some becoming more promotion al, some of the childrens retailers, whether it was impacted by weather or there was Competitive Price and they did a good job at it, the childrens retailers seemed to have a tougher season this year. Now is the time of year when we shift into gift card sales. What most people dont realize is those sales get counted until
Nightly Business Report on friday, july 5th. Good evening everyone. Im Tyler Mathisen along with sue herrarah. Susie gharib has the night off. The monthly jobs report from the Labor Department is arguably the best and clearest indicator of the economic state of the union and todays numbers suggest the union is reasonably strong and possibly getting stronger. Employers added 190,000 new jobs in june, for more than forecast for april and may were revised sharply higher. Because so many more americans jump back into the market to look for a job, the nations Unemployment Rate held steady at 7. 6 . More on the good news about jobs in june and what it might mean for the economy. Reporter seth is doing something this month that thousands of Business Owners across the country are also doing, hiring new workers. A qualified person for me is someone whose happy, naturally, someone whose active, someone whose reliable and trustworthy and customer focus understands what the customer is looking for
Agony of the seats to a profitable business by building a better ballet shoe. That and more tonight for nightly Business Report on friday, july 5th. Good evening everyone. Im Tyler Mathisen along with sue herrarah. Susie gharib has the night off. The monthly jobs report from the Labor Department is arguably the best and clearest indicator of the economic state of the union and todays numbers suggest the union is reasonably strong and possibly getting stronger. Employers added 190,000 new jobs in june, for more than forecast for april and may were revised sharply higher. Because so many more americans jump back into the market to look for a job, the nations Unemployment Rate held steady at 7. 6 . More on the good news about jobs in june and what it might mean for the economy. Reporter seth is doing something this month that thousands of Business Owners across the country are also doing, hiring new workers. A qualified person for me is someone whose happy, naturally, someone whose active