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Article: Wal-Mart, Urban Outfitters had strong December sales.(Knight Ridder Newspapers)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- January 10, 2002
- Author:
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Major retailers reported Thursday a wide range of sales results for December, reflecting their ability to draw customers to their stores with discounts during the holiday selling season.
Wal-Mart and Urban Outfitters posted some of the strongest sales increases, while a number of department store chains recorded losses.
Companies were helped during their busiest time of the year by having four weekends between Thanksgiving and Christmas _ including three full shopping days before Dec. 25 _ to stage a flurry of sales, company executives and analysts said.
Analysts said they considered many retailers' results to be fairly good, given the forecasts ...