After a stronger-than-expected spring, summer doldrums have hit harder than usual. Merchants' second-quarter reports and a slow economic recovery means retailers have to work hard to boost sales for the year.
Wall Street analysts still predict a record $97 in profits for the S&P 500 next year despite a lackluster economy. Expectations of massive corporate profits have propped up the stock market. That could change quickly. (With video)
The Commerce Department's monthly sales tally for November showed unexpected pockets of strength among retailers, including car dealers and online sales. Most retail categories posted higher sales, except clothing and housewares.
