On Black Friday, Fewer People, More Spent
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Fewer consumers turned out for the post-Thanksgiving shopping bonanza this year, but they spent more than last year as they stocked their carts with expensive electronics, according to a retail trade group.
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NEW YORK -- The first holiday shopping weekend of the year may have started with a bang, but it ended with a whimper, evidence from two groups that track sales showed yesterday.
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To most weary shoppers, it&#39;s known as Black Friday, the semiofficial start of the holiday retail season. But to hundreds of regional residents and countless others worldwide
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The holiday shopping season began with a surge in spending, but consumers faded by the long Thanksgiving weekendâs close and many retailers were facing decent but hardly impressive sales.
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Electronics retailers are selling more HDTVs than ever, but are making less money on them, so they are tightening return policies, dropping entry-level models and pushing additional servers.
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Investors may frown as a sluggish holiday season has retailers slashing prices.
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Gift cards were hot; department stores were not. The pricier the goods, the better they sold. American Eagle Outfitters was the store to shop; Aeropostale was so 2003. And for stores with all the wrong stuff, not even huge discounts saved Christmas.
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The holiday shopping season began with a surge in spending, but consumers faded by the end of the long Thanksgiving weekend and many retailers were facing decent but hardly impressive sales.
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Boxing Day figures reveal poor sales, but bargain hunters are expected to turn out in force for post-Christmas shopping
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United States shoppers have spent more on the first day of holiday shopping than they did a year ago but retailers&#39; hopes for the key season were curbed as titan Wal-Mart cut its November sales forecast.
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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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Despite the last-minute shopping frenzy, holiday retail sales were sluggish as the American consumer spent less than expected while Internet shopping slowed down.
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If you didn&#39;t do much holiday shopping last month, it looks like you have plenty of company. Analysts say November chain store sales numbers coming in today are generally disappointing.
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The nationâs retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a surge in Thanksgiving weekend business failed to materialize.
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NEW YORK -- The start of the holiday season was respectable but unimpressive for many of the nation's retailers, with consumers jamming stores and malls on Friday and pulling back as the weekend wore on.
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Gift cards, one of the most popular holiday purchases, can lose value if not used quickly
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With more people having high-speed connections at home, there will be less holiday shopping at work.