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...results were roughly in line with same-store sales reported last week. In that report, owners posted a 4% year-over-year sales increase in February at stores they had owned at least a year, reversing the 4.7% decline posted during the same month a year earlier. Today's report casts a wider net, covering everything from mom-and-pop retail shops to car dealers, so the fact that it is similar to what big retailers were reporting says the February gains were broadly distributed - a positive sign for the economy...
...AlixPartners report released earlier this month showed a clear "shift to thrift" among the 7,700 Americans surveyed. The report found 66% of department-store shoppers, 55% of apparel consumers and 53% of electronics shoppers had switched retailers to find lower-priced goods. Consumers who used to shop for "the best" are now settling for products that are "good enough" with a lower price tag, the report said. (See pictures of retailers that have gone out of business...
More than 100 representatives of community and environmental advocacy groups showed up in Washington earlier this month to lobby for stiffer government regulation of the mining industry and a ban on mountaintop mining. Recently, representatives of the U.S. Office of Surface Mining visited Appalachia to study the effects in the area. Such mining is devastating the environment, "polluting our streams, poisoning our air and destroying our culture and heritage," says Judy Bonds, co-director of the West Virginia-based Coal River Mountain Watch...
Goldstein also mentioned the debunking of earlier theories about A-beta as one of the significant contributions of his research...
...that church leaders in Germany are committed to addressing the problem. "They have shown a desire for transparency. In a way, they have accelerated bringing the problem to light by inviting the victims to speak up even when the cases dated to a while back," Lombardi told Vatican Radio earlier this week. James Martin, a Jesuit priest and associate editor of the New York-based Catholic magazine America, says Benedict, too, has been notably more eager than his predecessors to confront the issue of clergy sex abuse, having held an unprecedented meeting with victims on his trip...