Retail sales slow in June amid record wet weather
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Retail sales slowed last month, official data showed Thursday, as the country&#39;s wettest June on record kept consumers away from the highstreet.
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Upscale retailer Saks Inc.  reported a  5.6 percent fall in June sales at its stores open at least a  year and said owned sales fell 3.9 percent to $237.6 million  for the month.
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Despite more aggressive discounts, Ford  Motor Co.  and Chrysler Group on Tuesday reported lower  U.S. sales for June, underscoring the drag on the U.S. auto  industry from high gas prices, fierce competition and a weak  housing market.
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HIGH-STREET retailer Boots reported a cooling in sales growth yesterday after disappointing summer weather stalled demand for suncare products.
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Wet weather and rising interest rates hits retailers in May, according to the British Retail Consortium.
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Retail sales fell more than expected in July and for the first time in over a year as poor weather pushed down clothing sales sharply.
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HIGH street giant Boots reported a cooling in sales growth today after disappointing summer weather stalled demand for suncare products.
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U.S. retail sales dipped in August and the U.S. gap with its international trade partners widened to a record level in the second quarter of the year, government reports released on Tuesday showed.
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U.S. consumer spending in June grew at  its slowest pace this year while a measure of inflation reached  its highest mark in nearly four years, a government report  released on Tuesday showed.
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Sales of existing homes fell for a fourth straight month in June and even a small increase in home prices was not enough to lift the gloom surrounding the housing industry.
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Retail sales were generally lackluster in August. Some outfits blamed Hurricane Charlie. Others pointed the finger at gas prices or the late start to the back-to-school shopping season.
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U.S. retail sales excluding cars  increased 0.2 percent in June, as falling gasoline prices  curbed overall sales growth, according to data from  SpendingPulse released on Thursday.
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Sales of new U.S. homes again defied  predictions of a slowdown in May and rose 4.6 percent, but  median sales prices fell and the U.S. Northeast experienced its  slowest sales tempo in nearly two years, according to a  government report on Monday.
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NEW YORK -- The nation's retailers, once hopeful for a strong spring selling season, are being forced to ratchet down their expectations after sales stalled amid the chill of February.
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Software company executives at a CIBC World Markets conference this week cited a variety of reasons for why June sales slowed, from record oil prices to steep software discounting and regulatory distractions on accounting deadlines.
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Bad weather hit sales at Boots in the first half, while margins felt the pressure from price cuts made to combat stiffening competition, Britain&#39;s biggest health and beauty retailer says.
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Sales of new U.S. homes fell more  than expected in June to a seasonally adjusted annual 1.131  million rate and the median home price fell for the second  month in a row the government reported on Thursday, as the U.S.  housing market showed more signs of cooling.