retail spending

U.S. Economy to Remain Weak in 2011, Survey Says

The U.S. economy will remain weak in 2011 as companies limit hiring and consumers restrict spending, according to a survey of economists. GDP will grow by 2.6% in 2011 after increasing by 2.7% this year, according to the median forecast of 51 economist surveyed by the National Association for Business Economics.

Up or Down: 5 Retailing Leaders -- and 5 Laggards

Some merchants adjusted quickly to the "new normal" of penny-pinching shoppers, but others are still struggling with shrinking consumer budgets or headwinds they were fighting before the bottom fell out. Here's a look at the two groups that are going in two different directions.

Retail Sales Need a
Back-to-School Cram Session

For retailers, this year's back-to-school shopping season is scraping by with a B-minus at midterm. But with some big weeks still to come, there's hope that this year's results will be positive.

Retailers Aren't Giving Investors Reasons to Buy

Industry sales in June were just slightly below estimates. But the variations among specific retailers were fairly broad, and few companies are offering better guidance for the second quarter, leaving investors little to get excited about.

Retail Stocks Could Be Getting
a Markdown

Merchants are expected to report lukewarm May sales. Chilly weather early and a late Memorial Day will make the month's sales an erratic gauge of retail's recovery -- and leave an opening for bargain-hunting investors.