Retailers Seen Posting Modest Nov. Sales
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc.  already cutting its holiday outlook on high oil prices and warmer weather.
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Wal-Mart Stores Inc. , the world's largest retailer, said on Saturday it expects a 0.7 percent increase in November sales at its U.S. stores open at least one year, down from a forecast of 2 percent to 4 percent a week ago.
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U.S. stocks were little changed on Thursday after November sales for retailers highlighted some strong performances such as Federated Department Stores Inc. but raised worries about store chains like J.C. Penney Co. Inc.
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US retail sales rose 0.1 percent in November, a better than expected start to the crucial holiday shopping season, seasonally adjusted government figures showed.
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U.S. retailers were on track to post  solid -- but not spectacular -- sales this holiday after a  last-minute dash to stores saved Christmas, according to retail  indices on Tuesday.
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Retailers may be in for a blue Christmas this year as worries about soaring energy prices, consumers' cost-consciousness and a warmer December than last year make for lackluster holiday sales, retail analysts said.
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Shares of the specialty retailer, which recently posted  better-than-expected November sales, may be undervalued despite  their rise this year, financial weekly Barron's said, citing an  analyst.
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U.S. shoppers have kept a tight grip  on their wallets this holiday season with indices on Tuesday  showing sluggish sales in the second week of the season.
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U.S. shoppers came out in droves in November, but warm and wet weather, combined with steep holiday discounts, prompted less-than-stellar sales at many chains, retailers said on Thursday.
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U.S. shoppers have kept a tight grip  on their wallets this holiday season with indices on Tuesday  showing sluggish sales in the second week of the  season.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. WMT.N already cutting its holiday outlook on high  oil prices and warmer weather.
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Major U.S. retailers reported modest  gains in November sales on Thursday, as discounting lured  customers, but high energy prices and nagging concerns about a  soggy job market kept buying in check.
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U.S. chain store retail sales slipped during the Thanksgiving holiday week, as consumers took advantage of discounted merchandise, a retail report said on Tuesday.
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U.S. shoppers came out in droves in  November, but warm and wet weather, combined with steep holiday  discounts, prompted less-than-stellar sales at many chains,  retailers said on Thursday.
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Against a background of lackluster retail sales in June and July, analysts and merchants still predict a decent, possibly strong, fall selling season for clothes, accessories and home furnishings.
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WASHINGTON : US retail sales rose 0.1 percent in November, a better than expected start to the crucial holiday shopping season, seasonally adjusted government figures showed.
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The nationâs retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a surge in Thanksgiving weekend business failed to materialize.