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Stock quotes in this article: WMT , TGT , COST , JCP , FD , ANN , ANF  

Updated from 10:11 a.m. EST

The majority of retailers joined Wal-Mart (WMT Quote) on Thursday in disappointing Wall Street with October sales results that suggest consumers are finally ratcheting back their spending.

Just as the industry prepares for a crucial holiday selling season, Thomson Financial said 57% of the major retail chains reported sales for the month that missed analysts' expectations.

Shares of Wal-Mart, Target (TGT Quote) and Costco (COST Quote) all fell around 2% after each posted numbers that were deemed not up to snuff. ...

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