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A Silver Lining for Holiday Online Sales
It might not be the good news that e-commerce vendors were hoping for, but there is a silver lining to the dismal sales reports of online retailers during the holiday shopping season: offline retailers did worse. |
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Borders Names New Chief After Holiday Sales Fell 12% (Update3)
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Jan. 5 (Bloomberg) -- Borders Group Inc. , the money-losing U.S. bookstore chain that tried to sell itself last year, replaced top management after holiday sales fell 12 percent. |
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Analyst: Holiday promotions may hurt Saks' results
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Saks Inc.'s stock tumbled on Monday after a Barclays Capital analyst predicted that heavy promotions during the holiday season improved the luxury retailer's sales but the resulting pressure on margins may hurt its 2008 results. |
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