Retailers, consumers and prices
Check Out Line: International strength pretties up Avon profit
Second-quarter profit at cosmetics firm Avon Products Inc more than doubled, as demand in Latin America and other overseas markets more than made up for sagging U. S. results.
Office Depot posted a 6 percent drop in North American retail sales, but a 13 percent rise in international sales during in its most recent quarter.
Still, investors are wondering when and if the United States’ economic malaise will spread to markets like Europe, Asia and Latin America.
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(Photo: REUTERS/Jo Yong-Hak)