Word: retail
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Dates: during 2000-2009
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...Black Friday alone, preliminary figures indicate that sales rose a modest 0.5%, to $10.66 billion from $10.6 billion a year ago, according to ShopperTrak, a research firm that tracks activity at more than 50,000 retail outlets. Sales fluctuated by region, with the West scoring the biggest increase at 4.7%. This was followed by the Midwest, where sales rose 1.3%, and the South, which posted a 0.6% gain. The Northeast took the biggest hit, with sales tumbling 4.9%. ShopperTrak co-founder Bill Martin reiterated his earlier projection of a 1.6% sales increase for 2009's holiday season...
Marshall Cohen, chief retail analyst at NPD Group, sees the Black Friday glass as half-full rather than half-empty. "The fact that retailers were able to sell as much, if not more, product at a 40% discount, compared with last year's 75% storewide discount, was positive," says Cohen...
...Online sales clearly did better, but that's only 4% of total retail sales," says Davidowitz...
...residents. The per capita GDP of the city has increased 150% between 2001 and 2008 to $3,800 (though it remains far behind rich coastal cities like Shanghai, where GDP per capita exceeds $10,500). Consumer spending is growing quickly as well. In the first nine months of 2009, retail sales in Xi'an jumped 19% compared to those in the same period a year earlier, well above the 14.8% posted in China's cities nationally. BofA Merrill Lynch estimates that retail sales in the western provinces rose 19.2% in the first half of 2009, 3 percentage points more than...
...trends in Cambridge aren’t surprising in light of depressed spending figures all across the country. According to a National Retail Federation survey, per-person spending on Black Friday weekend dropped from...