Back-to-school buying helps retailers
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Consumers returned to the malls in August for a late back-to-school buying spree, helping many retailers rebound from July's sluggish pace. But analysts are still worried that the weakening housing market and higher food and gas prices will curtail shopping in the critical months ahead.
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The holiday shopping season ended better than it started, and most retailers are on track to meet humble sales goals, though many still hope for an extra boost this week as consumers cash in gift cards.
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The back-to-school shopping season has already begun, but the forecast for U.S. clothing sales appears cloudier than in years past.
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Chain store sales rose more than expected last week mainly due to back-to-school shopping, in a sign that consumers continue to spend despite a weaker economy, two reports showed on Tuesday.
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These discount retailers have the ability to offer investors a good product at a good price: their stock.
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Wal-Mart Stores Inc., the No. 1 retailer, on Monday said its September sales at U.S. stores open at least a year were tracking in line with its forecast for a 2 percent to 4 percent increase, driven by back-to-school buying.
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Retailers, hoping to lure shoppers at a time of soft sales, are tapping technology to make browsing and buying easier.
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Shoppers rediscovered their buying groove last month, propelling sales at the nation's retailers by a strong 1.5 percent. It was the best showing since March.
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The consumer electronics gizmo that offers many functions in a small package is what's compelling back-to-school shoppers to open their wallets.
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Sales at United States retailers, including JC Penney and Target, got a boost on the first weekend of the US holiday-shopping season as customers bought discounted retail goods.
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Apparel retailers are hoping their back-to-school fashions will make the grade among style-conscious teens and young adults this fall, but it could be a tough sell, with students and parents keeping a tighter hold on their wallets.
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U.S. families will shell out almost  $564 for back-to-school merchandise this year as student demand  for hot electronics and trendy footwear drives up the cost of  returning to school, according to a survey released on Tuesday.
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The consumer electronics gizmo  that offers many functions in a small package is what's  compelling back-to-school shoppers to open their wallets.
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Retailers rebounded from their disappointing holiday season as shoppers redeemed gift cards to buy winter and spring merchandise.
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U.S. chain store sales rose in the  first week of August, helped by back-to-school tax holidays in  some states and summer clearance sales, a report showed on  Tuesday.
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Savvy investors can find retail bargains -- but not everything's on sale.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent. It was the best showing since March...