USA : Christopher &amp; Banks comparable sales drop 7% in December
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Women&#39;s apparel retailer Christopher &amp; Banks has posted a decline in a key December sales measure. The company reported same-store sales; those at stores open for at least a year, dropped by 7 percent for the month.
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The 2007 holiday shopping season is turning out to be the weakest in years after retailers across-the-board reported deep declines in their December sales Thursday.
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Business & money: Figures for December are lowest since 2005, despite strongest ever year for lending
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A survey-based barometer of business activity in the Chicago area fell four points to a seasonally adjusted 61.2 points in December, the National Association of Purchasing Management - Chicago, said.
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Business & money: Market continued to slow in December with prices lower than in the summer months
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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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Major automakers reported lower U.S. sales for December led by a 9 percent slide at Ford Motor Co as the industry closed out its weakest year in over a decade and faced the prospect of deeper declines in 2008.
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UK retail sales rose at their weakest pace in more than a year in December, according to an industry survey.
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LONDON  - A sharp drop in spending by U.S. tourists contributed to one of the worst Christmas sales periods for London's retailers, an industry body said Monday.
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The retailer lowers its outlook after same-store sales fall.
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Sales at U.S. retailers fell 0.4  percent in December and were less vigorous in November than  previously thought, according to a government report on Tuesday  that implied costlier energy and slumping housing prices were  taking a toll on consumers.
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Stocks plunged on Tuesday after a record quarterly loss at top U.S. bank Citigroup Inc and a surprise drop in December retail sales fueled fears that the economy was heading into a recession.
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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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General Motors Corp  said on Thursday its U.S vehicle sales fell 5.2 percent in December as consumer demand softened amid a weak housing market and higher gas prices.
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General Motors Corp. GM.N on Tuesday  posted a 6 percent drop in U.S. vehicle sales for December,  ending a year when it lost more than 1 percentage point of U.S.  market share.
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Pier 1 Imports Inc. PIR.N on  Thursday said December sales at stores open at least year fell  8.8 percent, and the home furnishings retailer, struggling with  hefty competition, again cut its earnings outlook for the  fourth quarter.
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The pace of existing home sales in  the United States fell by 2.2 percent in December to a  slower-than-expected 4.89 million-unit annual rate, the  National Association of Realtors said in a report on Thursday.