Aug 25, 2003 Issue #48

Cover Story

Reticent retailers rebound

You might not think so — given the retail slowdown that has staggered stores and suppliers alike through most of this year — but 2002 was actually something of a turnaround year for the American retailing industry, as profits shot up by almost a third for a broad cross-section of retailers, across almost every channel, aided by an earnings recovery at full-price dep...