UK retailers predict tough times
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Two UK clothing retailers, Next and French Connection, warn that there are tough times to come on the high street.
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Business & money: Marks & Spencer and House of Fraser to emerge as  winners from brutal Christmas trading period
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Or can the home-improvement retailer remain sturdy despite the downturn?
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NEW YORK, Feb. 7 -- The nation's retailers delivered more evidence of a stumbling economy Thursday, as merchants reported their weakest January performance in nearly four decades.
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J Sainsbury, the deeply troubled supermarket group, yesterday gave its third profits warning since March, and some analysts fear that a fourth could arrive as early as next Tuesday.
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Retailers reported mostly gloomy December sales results, hurt by snowstorms as well as deep discounting aimed at getting cash-strapped consumers to open their wallets during retail's most important month.
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UK sports retailer JJB says its profits are set to fall 20% below market forecasts as  bad weather and tough competition hit sales.
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Business & money: Stores group piles on gloom in retail sector with first fall in sales in more than two years
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The health and beauty retailer Boots today warned of a difficult outlook for the crucial Christmas period, sending its shares down almost 5% in early trade.
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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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Business & money: Strong line-up and weaker pound boost result, with renaissance seen as an example to manufacturers
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Many U.S. retailers are expected to report disappointing December sales later this week, hurt by everything from the challenging economy to unfavorable weather to the calendar, which shifted more holiday sales to November.
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British retailers have endured their worst Christmas for 10 years, as cautious shoppers failed to bring festive cheer to high street shops, a survey of the sector showed.
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If the second-quarter comps are any indication, this retailer's still struggling.
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Investors may have overreacted to the retailer's upbeat December same-store sales.
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By CHRIS TOMLINSON  With just six shopping days left, High Street retailers are already forecasting their worst Christmas for 25 years, while online retailers are bragging that it's going to be the best on record.
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The retailer's first quarter might make pessimists wonder if they were wrong.