Word: friday
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Electronics stores, toy retailers and certain teen-oriented apparel companies were big winners over the Black Friday holiday weekend, with door-crashing specials and price discounts attracting much of the traffic and sales, analysts...
...losers were largely retailers who a) did not have big electronics offerings, b) did not offer huge Black Friday discounts or c) are not worshipped by teens. Count among them J. Crew, Chico's and Banana Republic, which offered fewer discounts and saw traffic fall, says Goldman Sachs analyst Michelle Tan, in a note. Pacific Sunwear, Ann Taylor, Talbots and Gap stores were also weak, noted Credit Suisse analyst Paul Lejuez...
Analysts cannot get a complete picture of Black Friday's success until companies report fourth-quarter earnings early next year. But they closely monitored retailers on Black Friday weekend for shopper traffic and sales action. "The crowds were more significant than last year and they were moving products faster than last year," Lasser says...
Frederick H. Joseph ’59, who was known for heading several prominent Wall Street companies over his long career, passed away on Friday...
...poll closes Wednesday at 4pm, so do act promptly. Write-ins are heartily encouraged; our favorite answers will appear on the cover of Friday's Arts section...