Sluggish Retail Sales Cause Concern
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Given the importance of consumer spending in driving the U.S. economy, November's disappointing retail sales are a cause for concern.
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Many U.S. retailers are expected to report disappointing December sales later this week, hurt by everything from the challenging economy to unfavorable weather to the calendar, which shifted more holiday sales to November.
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U.S. chain store retail sales fell in the latest week as unseasonable weather caused sales to slow a retail report said on Tuesday.
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Business & money: Official data reveals a worse-than-expected fall in retail sales last month
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WASHINGTON - Retail sales slid in August as people steered away from buying cars and shoppers kept a close eye on their spending after splurging in July.    The Commerce Department reported retail sales fell by 0.3 percent in August, following a 0.8 percent gain the previous month...
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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As sales of home improvement items fall and consumer confidence weakens, retailers are starting to feel the effects of the housing slump.
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From department stores to discounters, the nation&#39;s retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.
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Bargain hunters got a sluggish start but finally hit the slushy streets yesterday, alongside snow plows and sand trucks, to give retail sales an extra bump this holiday season.
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HUNTINGTON -- With one of the busiest shopping weekends concluded, area retailers saw shoppers show up in droves for the early Thanksgiving Day weekend sales but got mixed results afterward.
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Despite the last-minute shopping frenzy, holiday retail sales were sluggish as the American consumer spent less than expected while Internet shopping slowed down.
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After a record-setting quarter, the retailer expects momentum to slow.
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WASHINGTON - Shoppers turned a bit tightfisted in August, dropping sales at the nation's retailers by 0.3 percent, providing fresh evidence of an erratic pace of consumer spending in recent months.    The decline in sales reported by the Commerce Department on Tuesday came after shoppers pushed sales up by a solid 0.8 percent in July as consumers' willingness to spend revived after a June lull...
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The outlook for the holiday shopping season grew more uncertain Thursday as the nation&#39;s largest retailers reported they had a fourth straight month of tepid sales in September.
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The retailer's same-store sales plummet.
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Weak US retail sales figures spark debate about whether the Federal Reserve could cut rates in June.
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Retail sales and industrial output slow in the US, as the economy feels the strain from housing and credit pressures.