US consumers go on shopping spree
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US retail sales grew 1.4% in May, suggesting that US economic growth may recover faster than expected.
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The dollar is taking a drubbing, but that's good news for the power shoppers from overseas, who are spending their money in malls across America
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As post-Christmas retail results began trickling in yesterday, this much became clear about the 2004 holiday shopping season: Consumers procrastinated; they gobbled up gift cards; they defected, in greater numbers, from stores to the Web; and, overall, they appeared to spend more this year than last.
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As the weak dollar makes shopping sprees in America a bargain for international visitors, individual cities and states are stepping up their global promotional efforts.
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Shoppers, the driving force of the US economy, splashed out with unexpected vigor in October as the job market showed signs of a revival, a government report showed.
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Americans stormed the nation's shops on Friday after U.S. Thanksgiving Day at the start of the holiday shopping season, lured by cut-price toys, consumer electronics and Santa.
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Once again the holiday season is here, and frenzied shoppers have begun scrambling to find interesting and meaningful gifts for the friends and family on their lists.
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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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Seasons greetings are near, but so far there's little cheer for U.S. retailers wishing for "must-have" apparel items to land on holiday shopping lists.
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Shoppers swarmed America&#39;s malls and stores yesterday, even before the sun rose, to grab early-bird deals on such hot items as flat-screen TVs and DVD players as the US holiday shopping season officially began.
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Merchants who spent the past few weeks hoping shoppers would splurge on gifts opened their doors Sunday with high hopes the same people would now spend on themselves.
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Americans stormed the nation&#39;s stores on the day after Thanksgiving, the traditional start of the key holiday shopping season, lured by cut-price toys, consumer electronics and Santa.
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U.S. shoppers, doing their thing in the comforts of home, spent nearly $670 million buying over the Internet in a one-day binge last week.
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US consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 per cent in November.
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The holidays may be over, but the shopping hasn't stopped.
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US retail sales rose in May at the strongest pace in 16 months as American consumers splurged on many more purchases than anticipated, a government survey showed Wednesday.
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Vendors and researchers have detected various new trends at play in online retail shopping this holiday season, such as shoppers' increased use of search engines and comparison shopping services to make better informed buying decisions. Not all trends are encouraging, however, such as a disconcertingly high percentage of shoppers willing to buy from spammers.