Retailers Seen Posting Modest Nov. Sales
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc. already cutting its holiday outlook on high oil prices and warmer weather.
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U.S. chain store sales fell in the  last week of November, as shoppers focused on discounted rather  than full-priced items, a report said on Tuesday.
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Retailing titan expects same-store sales to increase by 2% to 4% in November, heading into holidays. CHICAGO  - Wal-Mart Stores Inc.
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Retailers hope a surge of customers this weekend will kick off a strong final week in a holiday selling season that&#39;s been lackluster to this point.
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Major U.S. retailers reported tepid  November sales on Thursday, as discounting lured customers, but  high energy prices and nagging concerns about a soggy job  market kept buying in check.
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc.  already cutting its holiday outlook on high oil prices and warmer weather.
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Retailers may be in for a blue  Christmas this year as worries about soaring energy prices,  consumers' cost-consciousness and a warmer December than last  year make for lackluster holiday sales, retail analysts said.
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Holiday sales are expected to rise,  though at a slower rate than last year as consumers fret about  the declining housing market, according to a National Retail  Federation economic forecast on Tuesday.
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The holiday shopping season got off to a modest start after bargain-hunters jammed malls on Friday for early bird specials but did less buying the rest of the weekend after the sales ended.
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Shares of the specialty retailer, which recently posted  better-than-expected November sales, may be undervalued despite  their rise this year, financial weekly Barron's said, citing an  analyst.
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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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Holiday sales are expected to rise,   though at a slower rate than last year as consumers fret about   the declining housing market, according to a National Retail   Federation economic forecast on Tuesday.
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The outlook for the holiday season dimmed Thursday as the nation&#39;s retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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The retailer posts modest gains in total sales and comps.
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Steep discounts, combined with warm and wet weather, led to a less-than-stellar November sales for many chains, despite heavy shopper turnout for the kick-off of the holiday season, retailers said on Thursday.
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U.S. retailers were on track to post  solid -- but not spectacular -- sales this holiday after a  last-minute dash to stores saved Christmas, according to retail  indices on Tuesday.
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Given the importance of consumer spending in driving the U.S. economy, November's disappointing retail sales are a cause for concern.