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Written By: Deb Weinstein on April 14, 2009 No Comment
Pessimists win: March retail sales drop 1.1 percent

Retail sales went south in March. (bookgrl/FLICKR)

BY DEB WEINSTEIN – MEDILL NEWS SERVICE

The latest news from the Department of Commerce is a mix of the bad and the good.

The bad: March threw a wrench in what some had hoped was a sign of a consumer upswing — [...]

Written By: CTPou on February 23, 2009 One Comment
‘Recessionista’ talks about the success of recession-friendly blog

Mary Hall, the Recessionista

CLAUDIA-TERESA POU - MEDILL NEWS SERVICE

When life gives you lemons, make lemonade.  I’m sure many of you have heard of that saying, advising us to make the best of what we’re given.  Given our current economic situation, we should probably be changing our spending habits and do our best with a recessionary budget.  So, start [...]

Written By: jmbreslow on August 13, 2008 No Comment
Retail sales fall in July

By JASON M. BRESLOW – MEDILL NEWS SERVICE

Despite more than $91 billion in economic stimulus payments distributed this past spring, U.S. retail sales fell 0.1 percent in July due in part to slumping demand for motor vehicles, the Commerce Department reported Wednesday.

The dip in retail sales

Written By: Archi Sarkar on May 28, 2008 No Comment

BY ARCHI SARKAR -MEDILL NEWS SERVICE

No matter what the economists reckon or how the GDP looks like, everyone knows that the economy has taken a beating and apparel retail sales are hurting the most.

Even Big Daddy is calling for help!

Sears Holdings Corp. has roped in Hip-Hop [...]

Written By: Archi Sarkar on May 17, 2008 No Comment

By Archi Sarkar- Medill News Service

That’s right! This is exactly what retailers are saying to consumers this month. Tax rebate checks totaling up to $105.7 billion are now in, and retailers are fervently hoping for all that extra money to come right through their stores.

The hope is still on…

According to a [...]

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