How the Cooling Economy Is Stealing Targetâs Christmas
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Despite rosier expectations, Target is muddling through this holiday season, perplexing those who consider the chain a bellwether.
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This season&#39;s dismal holiday-sales numbers may be hiding strong results from online operations, home improvement, consumer electronics and luxury stores that can offset the nation&#39;s mall malaise.
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Business & money: December sales fall 0.4% despite discounting, as housing demand also points to deepening slump
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Malls were open around the clock and stores came through with huge discounts - but the last weekend before Christmas didn't do the trick, analysts said.
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It was cold, it was dark and in some places it was foggy. None of that would stop millions of bargain-seekers from climbing into their cars for a pre-dawn raid on their local malls, electronics retailers and discounters for the official start to the holiday season.
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The first Christmas 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 on Tuesday.
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With Christmas a little more than a week away, many stores are finding themselves in the same predicament as in recent years: waiting for those last-minute shoppers who seem to be procrastinating even more than a year ago.
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Economic pressures and online deals might have led consumers to sharply limit their trips to retailers in the week leading up to Christmas, data tracker ShopperTrak RCT said on Thursday.
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The nation's shoppers Â taking advantage of deep discounts and expanded hours Â jammed stores over the last weekend before Christmas to try to grab a hard-to-find Wii or scoop up bargains on other items. But the spending surge may not be enough to offset what is shaping up to be a mediocre December for some retailers.
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This could be the year that gridlock steals Christmas.
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Consumers, battered by harsh economic crosswinds, spent less in December than at any time in the past 15 months while applications for unemployment benefits soared last week, two more signs the economy is weakening.
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(New York) Nov. 27, 2004 - Shoppers hoping to beat the holiday rush at a toy store in the Big Apple got more than they bargained for.
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By Chris Williams THE ASSOCIATED PRESS  MINNEAPOLIS -- For Best Buy, Wal-Mart may be the Grinch who steals Christmas.
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The holiday sounds at one major national retailer will not include the familiar jangle of a hand-held bell this year. Because of an overwhelming number of competing charities, Target stores across the country
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Hi-tech gadgets and mass consumerism are exacting a high carbon cost at Christmas, research suggests.
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With a weak back-to-school season behind them, the nation's retailers are focused on the holidays and what steps they need to take to get consumers excited about shopping again. That could mean some quick merchandise changes and more aggressive discounting than they originally planned.
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NEW YORK -- With a weak back-to-school season behind them, the nation's retailers are focused on the holidays and what steps they need to take to get consumers excited about shopping again. That could mean some quick merchandise changes and more aggressive discounting than they originally planned.