Buckle news stories on Newser

For Teens Hip to the Recession, Cheap Is In

Clay Dillow — Thu, 23 Apr 2009 09:37:26 CDT

For the oft-studied, rarely understood teen demographic, cheap is the new black. Teen spending is off 14% this spring, the New York Times reports, reflecting the larger economic crisis. But the recession has also caused a realignment among the stores teens find hip, as discounters and heavy promoters become popular...

Wal-Mart Leads Feb. Retail Rally

Kevin Spak — Thu, 06 Mar 2008 10:47:30 CST

Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating...