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All other industries improved, with retail reporting the strongest gain (up six).
Starting in April, Mr. Browett, 48, will become Apple's senior vice president for retail, reporting to Timothy D. Cook, Apple's chief executive.
Department store House of Fraser and the Co-op will set the tone for this week's retail reporting bonanza by announcing bumper figures tomorrow.
The retail reporting season may have just begun, but Saunders estimates that when total sales for the final quarter of 2009 – when retailers make the bulk of their profits – are announced there will be a shortfall of more than £500m.
She has since moved to retail reporting and consumer trends for StyleLens and also developed the Lifestyle division (home design) for Design-Options.
Similar(55)
On Thursday, in a further sign of the nation's economic woes, Wal-Mart — the McDonald's of retail — reported lower-than-expected same-store sales for December.
Two giants of specialty retailing reported disappointing November sales yesterday.
On Tuesday, some of the biggest names in American retailing reported steep profit declines.
Managers in industries including transportation, banking and retailing reported that energy costs were having an effect.
[Page C12.] Limited and Gap Post Weak Sales Two giants of specialty retailing reported disappointing November sales, playing to investor fears of a slowing consumer market.
Nordstrom and Costco, the yin and yang of retailing, reported strong September sales.
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