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Federated expects decline in September sales

Article Abstract:

Federated Department Stores Inc. is forecasting a decline of 15% to 20% in its store sales for the month of September 2001. The company attributed the forecast to the World Trade Center attacks.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Economic aspects, FD, Sales, World Trade Center and Pentagon Attacks, 2001, Macy's Inc.

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Neiman Marcus warns of loss in fourth quarter

Article Abstract:

Neiman Marcus Group forecasted an unexpected loss for the quarter ending July 28, 2001. The company is being forced to make major markdowns due to the economic slowdown.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Neiman Marcus Group Inc., NMG

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Subjects list: United States, Forecasts and trends, Department stores
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