Consumer Shares Edge Higher Ahead of Retail Sales Data -- Consumer Roundup

Features Dow Jones Newswires

Shares of consumer companies edged higher ahead of retail-sales data later in the week.

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Target said in a blog post that it was slashing prices on thousands of items in response to discounting by rival 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,

(END) Dow Jones Newswires

September 12, 2017 17:27 ET (21:27 GMT)