After a long recession, there’s news today that the 17 countries that use the European single currency are growing after a year and a half of contraction. The collective growth rate, annualized, works out to be .3 percent — not much, but more than expected. It’s a key week for retailers. Macy’s reports profits this morning, with Wal-Mart and Kohl’s following tomorrow. But the company may offer guidance on the key back-to-school shopping period, which started very early this year. Retailers are borrowing a page from the end-of-year holiday shopping playbook. And, a look at a firm that finds companies temporary CFOs.
After a long recession, there’s news today that the 17 countries that use the European single currency are growing after a year and a half of contraction. The collective growth rate, annualized, works out to be .3 percent — not much, but more than expected. It’s a key week for retailers. Macy’s reports profits this morning, with Wal-Mart and Kohl’s following tomorrow. But the company may offer guidance on the key back-to-school shopping period, which started very early this year. Retailers are borrowing a page from the end-of-year holiday shopping playbook. And, a look at a firm that finds companies temporary CFOs.
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