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.

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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.