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Spiegel Online Sales Continues To Grow
Enter to win $1000 Shopping Spree ends 1/5/2002
Nov 8, 2001 /FW/ -- An updated website with zoom technology is giving Spiegel brisk business
online. The e-commerce channel of Spiegel continued to grow in October, posting a sales
increase of 47%. Last Septemeber, it posted a 7% increase in sales.
[more]
Mall-Based Retailers Report Grim October Sales
Nov 8, 2001/ FWD/ --- While discount merchants like Target have fared quite well recently,
October was a rough month for more expensive, mall-based retailers.
[more]
LVMH's Pucci Unit Acquires 67% Stake in Casor
Nov 8, 2001/ FWD/ --- French luxury group LVMH Moet Hennessy Louis Vuitton’s Emilio Pucci
unit has acquired a 67 percent stake in the company that produces its ready-to-wear line,
the Italian company Casor.
[more]
Booming Business for Discount Retailers

Nov 8, 2001 /FW/ -- American consumers are spending like what the recent surveys say. The question is where are they spending their money?
As October retail sales come in, the discount retailers seem to be getting the lion's share of
disposable income. Walmart Stores reported sales of $16.616 billion, an increase of 14.6%
compared $14.503 billion during the same period last year.
[more]
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