Retailers’ Sales for September Only Reach 2005 Levels

The good news for retailers in September was that sales were the best they had been all year.

On Thursday morning, some of the nation’s biggest retail chains posted September sales that were better than in previous months, though that was largely because the stores had easier year-over-year comparisons. For the first time this year, retailers were comparing their sales to the abysmal numbers they began posting last fall, when the markets collapsed. Stores also benefited from a calendar shift that pushed Labor Day, as well as the usual back-to-school shopping rush, later in September.

Over all, for September, the retailing

Read Full Article from New York Times

- Posted: 2009-10-08 12:57:06

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