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Stimulus spent, retail outlook bleak

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With the bulk of some $100 billion in tax rebates now deposited in consumers’ bank accounts, the hoped-for boost in spending has proved disappointing for nation’s retailers. (MSNBC — 8 August, 2008)
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Retailers’ July sales reports show an increasing shift toward buying necessities at discounters and away from nonessentials like clothing. (MSNBC — 8 August, 2008)
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Stimulus spent, retail outlook bleak
Stimulus spent, retail outlook bleak

Retailers preparing for a difficult back-to-school season are getting creative in their attempts to entice shoppers into the stores — aggressively introducing new products, slashing prices and amping up marketing in the battle for parents’ bucks. (MSNBC — 8 August, 2008)
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