Consumer Shares Edge Higher Ahead of Retail Sales Data -- Consumer Roundup
Shares of consumer companies edged higher ahead of retail-sales data later in the week.
Target said in a blog post that it was slashing prices on thousands of items in response to discounting by rival Amazon.com--a move likely to pressure other chains into following suit.
WYNIT Distribution, a company that buys electronics from manufacturers and sells to chain stores, filed for bankruptcy protection Friday, and is seeking a buyer at a court-supervised auction.
-By Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
September 12, 2017 17:27 ET (21:27 GMT)