Retailers' Nov. Same-Store Sales Sluggish
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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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Discount retailer ShopKo Stores Inc. said Wednesday that sales at stores open at least one year, or same-store sales, fell 4.8 percent during the month of November.
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U.S. retailers on Thursday delivered mixed sales results for December, the year's key shopping month, with upscale stores faring well but many others slashing prices, squeezing profits.
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Wal-Mart Stores Inc.  reported  surprisingly weak November sales on Saturday, even as U.S.  bargain-hunters jammed stores in search of gifts at the start  of the crucial holiday shopping season.
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The outlook for the holiday season dimmed yesterday as the nation's retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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U.S. chain store retail sales slipped during the Thanksgiving holiday week, as consumers took advantage of discounted merchandise, a retail report said on Tuesday.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. WMT.N already cutting its holiday outlook on high  oil prices and warmer weather.
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Sales of major store chains rose just 1.7 percent in November from a year ago, said a survey sponsored by the International Council of Shopping Centers (ICSC), after a year-earlier gain of 3.7 percent.
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Drugstores reported unusually weak  December sales on Thursday, weighed down by a slow flu season,  lower-priced generic drugs and sluggish sales of seasonal  items.
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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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Fluctuating gas prices may be driving away shoppers and affecting sales for discount retailer Wal-Mart Stores Inc., which reported disappointing November same-store sales this week, according to a survey commissioned by the National Retail Federation.
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From department stores to discounters, the nation's retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.
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Although retailers posted higher-than-expected sales, the growth was uneven, favoring high-end stores over discounters and suggesting that lower-income consumers remain pinched by rising energy costs and sluggish wage growth.
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Chain store retail sales slowed in the  latest week, with discount stores seeing sales soften a bit, a  report said on Tuesday.
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U.S. chain store retail sales slipped   in the latest week while overall demand compared with one year   ago remained robust, a retail report said 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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In the latest snapshot of the holiday shopping season, the government reported today that retail sales increased 0.1 percent in November, a better performance than Wall Street had been expecting.