Forget the conspiracy theories about rigged data. The latest jobs numbers are bullish for retailers and consumer products companies.
Stocks rise as initial jobless claims remain below 370,000 for another week.
Jobless claims climb less than expected, and US factory orders fall less than forecast. The ECB holds rates steady as Draghi says the ECB is ready to buy bonds. Google warns of more cuts at Motorola. Facebook now has 1 billion active users.
Consumers have different needs -- and less time to browse -- and stores are downsizing to match those interests.
Target, Wal-Mart and Kmart have transformed shopping in the past half-century.
Faced with stiff competition from big-box retailers, traditional grocery chains are struggling to survive. Here's the list of stores that will close.
The warehouse chain offers a better glimpse into the economy than other retailers.
Dow sheds 125 points to below 13,000. Weak economic data out of Japan, South Korea and Europe put the focus back on international issues. US retailers report generally better-than-expected sales, while jobless claims remain flat.
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