Children's Place June sales fall
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Children's Place Retail Stores Inc.  on Monday said weak sales at its Children's Place and Disney Store chains caused a 4 percent decline in June same-store sales, forcing the retailer to forecast a wider net loss for the current quarter than analysts had expected.
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U.S. new home sales in May fell more  than expected while consumer confidence in June fell to a  10-month low amid anxiousness about jobs and the business  climate, adding to signs of sluggish economic growth this year.
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Sales of new U.S. homes fell more  than expected in June to a seasonally adjusted annual 1.131  million rate and the median home price fell for the second  month in a row the government reported on Thursday, as the U.S.  housing market showed more signs of cooling.
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US retail sales fell unexpectedly in June as American consumers cut back their spending amid a persistent housing slump and higher gasoline costs, a government survey showed Friday.
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Children&#039;s Place Retail Stores Inc.   said on Thursday its sales at stores open at least a  year rose 18 percent in May, helped by higher customer traffic  at both Children&#039;s Place and Disney stores.
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The National Association of Realtors reports sales of previously owned US homes fell 2.9 percent in July. The Realtors said resales in July fell to 6.72 million single-family
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UK same-store sales posted an annual decline in November for the first time in almost a year after five interest rate increases and a drop in house prices weakened consumer spending, the British Retail Consortium said.
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CHICAGO (CBS.MW) - Retail stocks fell Monday after Wal-Mart cut its August sales forecast, casting a pall over expectations for consumer spending during the back-to-school season.
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The wettest June on record sees UK retail sales rise more slowly than expected in June, official figures show.
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General Motors Corp.  on Tuesday posted a steeper-than-anticipated 24 percent decline in June sales, as U.S. automakers lost share and overall monthly sales sputtered in the face of high fuel prices and a weak housing market.
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The National Association of Realtors reports sales of previously owned US homes fell 2.9 percent in July. The Realtors said resales in July fell to 6.72 million single-family houses at an annual rate from 6.92 million in June.
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General Motors Corp.  on Tuesday  said U.S. sales fell 24 percent in June, a decline much larger  than analysts expected.
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Business & money: Wettest June on record keeps shoppers away from the high street.
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New home sales in May fell more than expected while consumer confidence in June hit a 10-month low amid worries about jobs and the business climate, adding to signs of sluggish economic growth this year.
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WASHINGTON - Shoppers turned a bit tightfisted in August, dropping sales at the nation's retailers by 0.3 percent, providing fresh evidence of an erratic pace of consumer spending in recent months.    The decline in sales reported by the Commerce Department on Tuesday came after shoppers pushed sales up by a solid 0.8 percent in July as consumers' willingness to spend revived after a June lull...
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Consumer confidence slid in June amid concern that high gasoline prices and a slumping housing industry might be undermining the job market.
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NEW YORK, October 20  - The Walt Disney Company (DIS.NYS) has reached a definitive agreement to sell its North American Disney Store retail chain to Children&#39;s Place Retail Stores Inc (PLCE) for an undisclosed price.