Retailers' same-store sales climb
Posted on November 01, 2012 at 19:38 PM EDT
Retailers' same-store sales climb RETAILSame-store sales climbU.S. retailers posted October same-store sales that topped analysts' estimates as rising home values and consumer confidence boosted spending. Macy's Inc., the second-biggest U.S. department-store chain, said same-store sales increased 4.1 percent, topping the 4 percent average estimate of analysts surveyed by researcher Retail Metrics Inc. Kohl's Corp.'s same-store sales rose 3.3 percent, beating estimates for a 0.8 percent gain. Same-store sales for the more than 20 companies tracked by Retail Metrics rose 5 percent, excluding drugstores, beating estimates for a 4.6 percent gain, the firm said in a report Thursday. The lawsuit claims Microsoft is using elements known as live tiles, rectangular icons linked to websites, apps and other items. The lawsuit claims Microsoft is using the tiles technology on operating systems including the recently launched Windows 8, found on personal computers, phones, tablets and other devices.