<< Read Full Article

Measly Memorial Day Sales: Better than Awful

Stock quotes in this article: GPS , TJX , ROST , URBN , KSS  

If Memorial Day weekend's measly retail sales were the strongest showing since early April, boy do we have a long way to go until the sector recovers.

The International Council of Shopping Centers reported on Wednesday that the long holiday weekend racked in a .8% jump in retail sales, the best number the sector has seen since April 11.

"The lead-up to Memorial Day holiday weekend sparked some renewed consumer spending, which lifted the week-over-week pace" Michael P. Niemira, ICSC chief economist, said in a statement. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,307.81 1,098.17 2,195.68 35.08
Oil *
73.26
DOWN
0.45
UP
2.10
UP
15.63
UP
0.21
10 Yr
3.51%
SPDR Gold
107.93
+0.00%
+0.19%
+0.72%
+0.60%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services