Claire's Drops On Negative Retail Outlook

30 Jan 2009

Claire's Stores loans sank to 36-37 last Tuesday from 38-39 last Monday, reflecting a lack of faith in the retail environment's future.

Claire's Stores loans sank to 36-37 last Tuesday from 38-39 last Monday, reflecting a lack of faith in the retail environment's future. Investors don't expect consumer spending to rebound any time soon, one banker explained. On Tuesday the National Retail Federation predicted a 0.5% drop in retail sales ...

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