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U.S. chains miss sales views in weak holiday start
CHICAGO (Reuters) - U.S. retailers from Macy's to Costco posted much weaker-than-expected sales for November as shoppers focused only on big bargains at the start of the key holiday selling season.
Submitted by
AmericanConsumer
12/3/2009
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AmericanConsumer
12/3/2009
AmericanConsumer is playing it
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Short
8.11%
I am playing this headline with (XRT) because Out of 15 retailers that reported by early Thursday, 11 missed analyst estimates, including Costco Wholesale Corp, Children's Place, Walgreen Co and Hot Topic Inc, according to Thomson Reuters data.
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