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Retailers cautious about 2nd half as sales, traffic slow

from Advertisng Age

Recent economic indicators have pointed to a more confident consumer, but retailers aren't reaping the benefits just yet. In the last week, a slew of retailers, such as Kohl's, Target, Dick's Sporting Goods and Abercrombie & Fitch, have reported weak results and expressed caution concerning the second half, which includes the all-important back-to-school and holiday shopping periods. The only bright spot has been home improvement retailers including Home Depot and Lowe's, which both reported 10 percent sales increases. more

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