Tag Archives: Fox News

Fox News: Consumers Spend Less in Oct

FoxNews Your World Nov 2012
After months of increases, latest consumer spending data shows a decline for  October.  An understandable outcome from super storm Sandy or sign of greater economic weakness? Monica Mehta breaks down the latest retail number with Fox’s Neil Cavuto.


Sears to close 120 stores

Sales have been slumping at Sears for the past 18 quarters.  Consumers are buying fewer higher ticket items, tough for a retailer known for appliance sales.   And Walmart’s new layaway program is taking a bite out of sales with low income shoppers. Even the Kardashian Kollection can’t save this retailer.