Sandy faulted as retailers report weak sales gains for November

Posted: November 30, 2012 at 3:31 a.m.

Shoppers at a J.C. Penney store in Las Vegas wait to check out on Black Friday. Retailers surveyed by the International Council of Shopping Centers reported November sales through last Saturday were up 1.7 percent compared with a year ago.

Major retailers such as Kohl’s, Target and Macy’s on Thursday reported weak sales in November as a strong start to the Christmas shopping season — including a good showing on the day after Thanksgiving — wasn’t enough to offset the damage caused by Hurricane Sandy.

This story is only available from our archives.

Business, Pages 29 on 11/30/2012


« Previous Story

Kroger’s 3rd-quarter profit surpasses expecta...

Customers shop in the frozen food section of a Kroger supermarket, in Cincinnati. On Thursday, Kroger Co. raised its earnings outlook for the year after the supermarket chain reported a thirdquarter profit that topped Wall Street expectations.

Kroger Co. is raising its earnings outlook for the year after the nation’s largest traditional supermarket cha... Read »

Next Story »

Suitors up to 110, Hostess tells court

Hostess Brands Inc. said Thursday that it’s in talks with 110 potential buyers for its brands, which include Wonder Bread, Ding Dongs and Twinkies. Read »