Retailers report dismal 4th qtr, gird for future (AP)

Shoppers stroll near the entrance to the Macy's department store at the Mall at Millennia in Orlando, Fla., Tuesday, Feb. 24, 2009. Macy's Inc., reported an almost 59 percent drop in fourth-quarter earnings because of weak sales and cost associated with consolidations of regional divisions and store closings.(AP Photo/John Raoux)AP – NEW YORK — Retailers marched out a series of cheerless results Tuesday for their most important season of the year, the fourth quarter, when consumers seem to have put off buying almost anything they had a choice about.

Leave a Reply