Storms Soak Retailers' September Sales
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Top U.S. retailers, including Wal-Mart  Stores Inc. WMT.N, reported lackluster September sales on  Thursday as warm weather and the string of hurricanes that  battered the East Coast dampened buying.
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September&#39;s furious winds have subsided, but the devastating effects of Hurricanes Frances and Jeanne, which blew ashore in the Treasure Coast just three weeks apart, continue to bedevil home sales, according to a Florida Association of Realtors report
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Sales of existing U.S. homes surged  an unanticipated 3.1 percent in September on low mortgage  rates, and sales would have been even brisker had hurricanes  not hit the south, a trade association said on Monday.
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U.S. chain store sales rose in the  fifth week of September, with stores indicating that business  picked up toward the end of the week as temperatures in parts  of the country turned cooler, a report said on Tuesday.
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Consumers spent frugally for a fourth straight month in September, giving major retailers modest gains during the critical back-to-school season.
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Sales of new homes rose slightly in September but remained near their lowest levels ever. Orders for durable goods declined, but a crucial measure of business spending rose.
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WASHINGTON - Sales of existing US homes unexpectedly surged 3.1 percent in September on low mortgage rates, and would have been even brisker had hurricanes not hit the South, a trade association said Monday.
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NEW YORK Oct. 7, 2004 - 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 specter of Hurricane Frances  plunged the cotton and orange juice markets into tumult on  Wednesday as both rallied on fears the storm will wreak havoc  in key U.S. growing areas, dealers said.
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Wal-Mart Stores Inc. , the world's largest retailer, on Thursday said sales at stores open at least a year rose 2.4 percent in September, slightly higher than its preliminary report but still toward the low end of its forecast range.
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Wal-Mart Stores Inc. WMT.N said on  Saturday it still expects a 2 percent to 4 percent increase in  September U.S. sales at stores open at least a year, despite  the effect of Hurricane Ivan in some locations.
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Sales at retailers rose more in September than analysts estimated because of lower gas prices.
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Frigid winter winds blew life into U.S.  retailers' January sales as consumers snapped up cold weather  clothes that were left on the shelves from the holiday season.
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Sales of existing US homes surged an unanticipated 3.1 percent in September on low mortgage rates, and sales would have been even brisker had hurricanes not hit the south, a trade association said on Monday.
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Retailers reported weak February sales, saying the monthâs cold temperatures and stormy weather hampered results.
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Hurricane Frances threatens to dampen  sales, and possibly earnings, for a slew of companies -- from  insurers to airlines -- as business activity screeches to a  halt only three weeks after Hurricane Charley hit Florida.
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Wal-Mart Stores Inc.  and other  top U.S. retailers posted disappointing June sales on Thursday  as soaring energy prices and uncooperative weather curbed  consumer spending.