Word: weekending
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...just last weekend, a deal to sell Saab to Swedish investors fell apart, leaving GM once again with a distressed property and no obvious way of disposing...
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...
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...
Teen-oriented and casual-wear retailers, which had a slow start in November, were among the busiest over the Black Friday weekend. Companies such as Aeropostale, American Eagle Outfitters and Old Navy were big winners, wrote Credit Suisse analyst Lejuez in a research note. Traffic to Victoria's Secret and Bath & Body Works was also strong, said Kimberly Greenberger, a managing director at Citigroup Global Markets...
...cyberworld that scored the biggest gains this past holiday weekend. Online sales rose 35% on Black Friday and 14% on Cyber Monday from the same periods last year, according to Coremetrics, a Web-marketing firm. The average dollar amount per online order shot up 35% on Black Friday and 38% on Cyber Monday from a year earlier, the firm said...