Must be all Hedge fund managers were very stressed by Bull market in February, stayed late at work counting profits and did not drop into the WalMart as they usually do. Because ordinary fox definitely are fine if you listen to the Bubble Media, Paulson and Bernanke: Housing Bubble is "well contained" and implications of Subprime Melt Down will never reach your house.
"Wal-Mart, dragged down by languishing sales at its namesake stores, reported a slim 0.9 percent gain in same-store sales, below the 1.5 percent estimate from Wall Street analysts surveyed by Thomson Financial. Wal-Mart's namesake division posted a 0.4 percent same-store sales gain, while Sam's Club had a 3.9 percent gain.
The world's largest retailer, which stumbled last year with a merchandising strategy that was too trendy, blamed the sales shortfall on the continued weakness in the home and apparel business. Wal-Mart said those two businesses should remain soft through the spring."
The world's largest retailer, which stumbled last year with a merchandising strategy that was too trendy, blamed the sales shortfall on the continued weakness in the home and apparel business. Wal-Mart said those two businesses should remain soft through the spring."
"APRetailers Post Disappointing Feb. SalesThursday March 8, 8:29 am ET By Anne D'Innocenzio, AP Business Writer
Cold Weather in Feb. Cuts Demand for Lightweight Apparel, Prompting Disappointing Retail Sales
NEW YORK (AP) -- The nation's retailers had a slow start to the spring season as unseasonably cold weather in February chilled demand for lightweight apparel and left merchants with disappointing sales. The slowing economy, particularly the weakening housing market, could challenge shoppers in the months ahead.
As merchants reported monthly sales results early Thursday, those with disappointing results included Wal-Mart Stores Inc., Costco Wholesale Corp. and Limited Brands Inc...con'd"
Cold Weather in Feb. Cuts Demand for Lightweight Apparel, Prompting Disappointing Retail Sales
NEW YORK (AP) -- The nation's retailers had a slow start to the spring season as unseasonably cold weather in February chilled demand for lightweight apparel and left merchants with disappointing sales. The slowing economy, particularly the weakening housing market, could challenge shoppers in the months ahead.
As merchants reported monthly sales results early Thursday, those with disappointing results included Wal-Mart Stores Inc., Costco Wholesale Corp. and Limited Brands Inc...con'd"
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