Sales Season Starts with Modest Expectations
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Description: Shoppers and retailers are in the thick of the buying season. But at stores in the Washington, DC, area, retailers are keeping their expectations realistic.
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The 0.3 percent increase in retail sales was about half what had been expected. In another sign of weakness, industrial production in August edged up by just 0.2 percent.
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The January sales achieved only small growth in High Street activity, according to an industry survey.
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US retail sales in November were up 0.1 per cent from the previous month, slightly higher than expected. Sales were 7.2 per cent up on the same month last year, according to advance estimates
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Supermarket Sainsbury's reports a modest rise in sales over the Christmas period.
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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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The first economic data to emerge since last month's credit woes suggest a modest impact on business and consumers.
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Consumers showed a bit of cheer in November, boosting sales at the nation&#39;s retailers by 0.1 percent. The newest report on consumers&#39; buying, issued by the Commerce Department today, turned out to be somewhat
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The economy should expand modestly in coming months as a healthy job market continues to trump weakness in housing prices.
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Consumers, after a big spending spree in September, grew more cautious last month, with retail sales edging up just 0.2 percent, the government reported Friday.
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From the jumble of November sales data, inspiration emerges.
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Retailers around the country reported October sales Thursday that were better than Wall Street analysts were expecting, but industry experts said the results didn&#39;t raise their expectations for the holiday season.
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Sales slow, margins contract -- but the price is nice.
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NEW YORK - U.S. stocks are seen opening in a subdued mood with the release of August's retail sales report likely to influence overall sentiment...
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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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Steep discounts, combined with warm and wet weather, led to a less-than-stellar November sales for many chains, despite heavy shopper turnout for the kick-off of the holiday season, retailers said on Thursday.
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The first few months of the year are  an ideal time for rising acts to grab their share of attention  and, they hope, sales. That's true for upcoming releases and  new promotional boosts for sets already on hand.