Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

3XSQ: U.S. retailers see hit or miss holiday season

Thursday, 03 Jan, 2013 - 04:48

Jan 3 - Some major U.S. retailers had a tough December, with chains like Barnes & Noble feeling the pinch, but The Gap is an exception.

▲ Hide Transcript

View Transcript

-- Christmas for some retailers a visit from the -- for others and a winter wonderland later in the show. Three Times Square this Thursday from Reuters world headquarters in New York. -- hitter this holiday season for US retailers. Among the winners GAAP. December comparable store sales beating forecasts. It's old navy brand standouts sales there up 13% vs a decline of 4% in December 2011. Barnes & Noble -- loser its same store sales falling eight point 2% over the holiday period. It's not business which includes tablets and 12%. While Macy's sales met expectations. That the forecast a profit for the fourth quarter below estimates. Taking shares of all three now. We've got to act up just under 4% Barnes & Noble over 1% Macy's up just 1% and a half percent there. Auto sales so far also looking up the December report and Chrysler shows sales rose 2% exceeding forecasts. The hot brand -- the best before. With sales climbing nearly 60%. Chrysler's annual sales rose 21%. Forecasters see -- sales of 2012 rising 13% overall. GM and Ford reports sales later today. Private sector hiring jumping as well our daily did it 2151000. The gain in private payrolls in December according to the ADP report. That's 60% higher than -- November's figure revised significantly higher Q. The Labor Department's report on December jobs picture out Friday morning. From jobs created to businesses sold and our power player of the day. It's former vice president Al Gore who will now with cable network current TV to another Al Al-Jazeera. -- deal analysts pegged around 500 million bucks. The New York Times speculates that about a hundred million in Gore's pocket not bad. Given reports suggest he and his business partners. Paid around seven million dollars when they -- the network. From Vivendi Universal in 2004. Al Gore departing business France's you know -- idea with an offer to depart his country. Our -- well we'll joins us from London with this latest twist. In it tax avoidance on axle. Of French actor had to now. Yeah I wrote that before I tell you that was beautifully said I'd love your friend accidentally hey and a bit. What's important he could well go to Russia president fruits and assign a presidential decree. Granting that brought you. Russian citizenship remember he announced recently is -- bronze to avoid the yep 75% tax -- on the rich. He's one of those that -- it as he's he's 4000 Belgium just across the border to get away from front. -- this Israelis seen as a great TR OK it was well up roots and who can show that Russia -- attractive to some. Not just a British born KGB -- is breaking news that rightly said this morning. And they cannot play the 13%. Income tax rate porn. 13%. After -- 75% as a bit of a no brainer really isn't it now on the other side. As breaking news says that but yet by the surprise friendships -- Fidel Castro Hugo Chavez problem that we need is. Will will fit right in the -- -- of that and a lot of Muscovites saying that locked out of that we'll have to wait and see I doubt very much he will get that of the options that. Here dip -- -- with the Russian accent that. Yet news. All right. I think that the idea idea of it's not Disney -- I like Disney has ice. In China the ice and snow world is creating an excitement. The world's largest -- and a theme park in the city apartment attracting throngs of tourists this holiday season. And over 8000 square feet it contains eight howry ice palace the world's -- ice carving standing more than a 158 hi. But it's not appealing it's no bumper cars. Even bicycles Beck -- on the I call them by icicle -- well. I don't know looks cool now. That is the latest and three Times Square this Thursday you can follow us on Twitter at Reuters Insider and remember check out -- it needs you cannot -- voters dot com. -- -- TV I'm Lisa Bernhard this is like.

3XSQ: U.S. retailers see hit or miss holiday season

Thursday, 03 Jan, 2013 - 04:48

Editors' Picks »

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, 16 Jul, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, 25 Jun, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, 02 Jun, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, 27 May, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, 08 May, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, 05 May, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, 08 Apr, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, 24 Mar, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, 17 Mar, 2014 - (7:38)

Oddly Enough »

Group shatters record for longest flower garland by a mile Group shatters record for longest flower...

Wed, 27 Aug, 2014 - (1:30)

Masked hero sweeps clean Masked hero sweeps clean

Tue, 26 Aug, 2014 - (1:10)

Right muddy mess at World Bog Snorkeling Championships Right muddy mess at World Bog Snorkeling...

Tue, 26 Aug, 2014 - (1:11)

Hello Kitty conquers space Hello Kitty conquers space

Mon, 25 Aug, 2014 - (1:11)

Japanese zoo welcomes red panda cub Japanese zoo welcomes red panda cub

Mon, 25 Aug, 2014 - (0:42)

Is it a plane? No, it's a hoverbike Is it a plane? No, it's a hoverbike

Fri, 22 Aug, 2014 - (2:40)

Fox kicks off "Simpsons" mega marathon Fox kicks off "Simpsons" mega marathon

Thu, 21 Aug, 2014 - (0:56)

Six-story tall duck floats into L.A. port Six-story tall duck floats into L.A. port

Thu, 21 Aug, 2014 - (1:02)

Young artist paints surreal illusions on bodies Young artist paints surreal illusions on...

Thu, 21 Aug, 2014 - (1:30)

Snow leopard cubs make Bronx Zoo debut Snow leopard cubs make Bronx Zoo debut

Wed, 20 Aug, 2014 - (0:41)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Moving Pictures »

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, 30 May, 2014 - (1:37)