Target cuts Dec same-store sales expectations
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Target Corp  warned on Monday  that its December same-store sales were below expectations and  said it now expects sales at stores open at least a year in the  range of down 1 percent to up 1 percent, adjusted for a  calendar shift.
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Same-store sales fall, but there might be light at the end of the half-pipe.
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Wal-Mart is reducing its forecast for same store sales for the month of August. It is blaming store closures caused by Hurricane Charley last week.
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Early holiday sales reports are weak, with Target Corp., the nation's No.2 retailer, warning that its sales may have fallen in December.
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Target Corp  cut its outlook for October sales at stores open at least a year on Monday, the second month in a row the discount retailer has lowered its same-store sales forecast, while warning of disappointing sales.
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The retailer's same-store sales plummet.
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Weaker-than-expected holiday shopping forced Wal-Mart Stores Inc. on Saturday to cut its projected sales increase for November by more than half, an ominous announcement for retailers as their busiest time of year begins.
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MINNEAPOLIS - While other retailers struggled with a sluggish back-to-school season, Target Corp. reported same-store sales well above the industry average.
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More consumers are planning to spend less this holiday season than a year ago, according to a survey released on Tuesday that adds a fresh note of caution to what is shaping up to be a ho-hum holiday shopping season.
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Target Corp.  reported higher quarterly profit on Tuesday, beating estimates on strong holiday season sales and growth in its credit card business, but the stock fell amid a broad market sell-off.
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Shares of Target  and its  rivals fell before the opening bell on Tuesday, a day after the  discount department store chain said it sees sales at stores  open at least a year well below its prior forecast.
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Crucial US holiday sales launched with a flop, retailers reported.
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The world&#39;s biggest confectioner Cadbury Schweppes PLC said Friday its full-year results would be at the lower end of target ranges after a wet summer curbed soft drinks sales in Europe.
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The nation&#39;s merchants cut prices even deeper on Sunday, the day after Christmas, in hopes of squeezing more sales out of what&#39;s winding up to be an unimpressive holiday season.
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U.S. retailers will close stores and  reduce square-footage growth plans this year to offset slowing  sales, slumping stock prices, a saturated market and a penny  conscious shopper, analysts said on Sunday.
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Stocks declined on Wednesday after retailer Target Inc  cut its December sales view and a private report on U.S. home prices suggested the housing slump was far from over.
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Wal-Mart Stores Inc. WMT.N, the No.  1 U.S. retailer, on Tuesday signaled it will cut prices in the  weeks before Christmas after a strategy against deep discounts  backfired on the first weekend of the holiday shopping season.