Retailers hope sales pace continues
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Retailers got what they wanted over the Thanksgiving weekend &#151; a strong start to the 2006 holiday shopping season as consumers crowded stores in search of huge discounts on flat-screen TVs and other hot merchandise.
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If Lane Bryant continues to perform, the retailer's shares should continue their rise.
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Retailers are on track to post solid but not spectacular sales for the holidays after a last-minute dash to stores, according to indicators released yesterday.
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The discount retailer continues to hang on with modest sales growth.
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It's on track to meet sales targets, but profits might not keep pace.
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NEW YORK -- Holiday sales are expected to rise 5 percent this year, less than the 6.1 percent in the year-ago period, as consumers face still high energy costs, rising interest rates and a cooling housing market, the National Retail Federation said .
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Area retailers slashed prices and stayed open longer than usual the day after Christmas, hoping to boost sales after a snowstorm slowed shopping just days before Christmas.
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The nation&#39;s retailers remained on edge Sunday, as the much-hoped for sales bonanza appeared not to materialize on the last weekend before Christmas, despite an abundance of deals on toys and apparel.
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The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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Online retail sales continue to show significant growth, according to the latest figures released by the US Department of Commerce.
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That&#39;s the early forecast from the National Retail Federation, which sees sales escalating at a &quot;moderate&quot; 4.5 percent clip over last year&#39;s robust results.
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U.S. chain store retail sales rose in the latest week after sizable back-to-back declines, as consumers took to the stores for holiday shopping, a retail report said on Tuesday.
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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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A steady stream of last-minute shoppers let retailers feeling a little blue over a slow holiday shopping season see a little more green.
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U.S. chain store retail sales saw a slight decline of 0.3 percent on a week-over-week basis.  However, on a year-over-year basis, the sales momentum remained strong at 3.5 percent, a report said on Tuesday.
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Retailers scored solid sales and factories saw orders pick up, hopeful signs the economy isn't cracking under the pressure of high energy prices.
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Business & money: Bargain-chasing shoppers force stores into heavy price discounting after slowest Christmas sales growth in three years