Holiday shopping outlook dimming
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Report finds retailers suffer fourth month of tepid sales as job security issues, gas prices and food bills scare consumers. By Anne D&#39;Innocenzio.
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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, according to evidence yesterday from two groups that track sales.
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As holiday shopping reaches the homestretch, consumers who are far removed from Madison Avenue and Rodeo Drive say they are holding down their spending.
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The holiday shopping season is hurtling toward its close, but demand remains soft and inconsistent. With just 11 days before Christmas - and heading into the last full weekend of shopping - retailers have been steadily easing prices. But a burst of late spending  has yet to materialize.
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NEW YORK -- With just seven weeks to go before the traditional start of holiday shopping, retailers' hopes for an upbeat season are suddenly brighter.
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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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Consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 percent in November.
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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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Following a lukewarm shopping weekend, the nation's stores are now focusing their attention on the final week leading to Christmas, as consumers seem to be postponing more of their buying to the last minute compared to a year ago.
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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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With Wall Street itching for an end-of-the-year surge but still somewhat nervous about consumer spending, Americans' shopping patterns in the last hours before Christmas could make or break a "Santa Claus rally."
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Seasons greetings are near, but so far there's little cheer for U.S. retailers wishing for "must-have" apparel items to land on holiday shopping lists.
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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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The job market is better and oil prices are down, improving the holiday shopping outlook.
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LOS ANGELES - Toy makers and major retailers are bracing for potentially weak Christmas sales this year amid concerns that consumers, many squeezed by skyrocketing gas prices or uneasiness over the economy, will spend less on holiday shopping.    On Monday, No...
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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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When the largest retailer in the world slashes its sales growth estimate during the holiday shopping season, it&#39;s time to sit up and take notice.