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NEW YORK (Reuters) - U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season. Full Article at ABC News
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Department store chains and teen retailers in particular disappointed investor expectations, while such disparate companies as apparel retailer Gap and luxury store chain Saks Inc performed better than hoped as consumers return to spending selectively. Full Article at International Business Times
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NEW YORK -- Teen and children's apparel retailer Aeropostale Inc. said Thursday that sales at stores open at least a year rose 3 percent in October, but analysts expected a higher increase and shares tumbled. Full Article at Miami Herald
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Sales at U.S. stores open at least a year rose 3 percent at Aeropostale, the U.S. teen retailer with more than 900 stores, trailing the 14 percent average of analysts’ estimates compiled by Retail Metrics Inc. Full Article at Bloomberg.com
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NEW YORK (Reuters) - U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season. Full Article at Reuters
