Modestly, Stores Beat January Sales Outlook
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Retailers rebounded from their disappointing holiday season as shoppers redeemed gift cards to buy winter and spring merchandise.
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Sales at retailers unexpectedly rose  0.3 percent in January, partly reflecting stronger sales of new  cars and gasoline, according to a Commerce Department report on  Wednesday.
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Wal-Mart Stores Inc.  said on Saturday it still expected a 2 percent to 4 percent increase in January sales at its U.S. stores open at least a year, in line with its previous forecast.
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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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U.S. chain store sales rose in the second week of January, as gift-card redemption continued to drive sales, a report said on Wednesday.
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Same-store sales for the month come in short of the company's forecast.
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Post-holiday clearance sales and gift-card redemptions boosted January sales at major U.S. retailers, but the harsh winter weather that hit the Northeast and Midwest late in the month capped consumers' spending.
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Wal-Mart Stores Inc. WMT.N said on  Saturday it still expects a 2 percent to 4 percent increase in  January sales at its U.S. stores open at least a year.
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NEW YORK -- The nation's retailers reported mixed results in January as frigid weather came too late in the month to help merchants clear out winter inventory. But stores' business did get a lift from the redemption of holiday gift cards.
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January is normally a month when U.S.  stock mutual funds generate strong net sales, but early data  shows a rare outflow is possible as the stock market's rocky  start this year dampens enthusiasm.
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WASHINGTON -- Sales at the nation's retailers barely budged in February as bad winter weather kept already cautious shoppers away from the malls.
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U.S. retail sales dipped 0.3 percent  in January as automobile sales fell sharply, but purchases  outside the volatile car sector gained a healthy 0.6 percent, a  government report showed on Tuesday.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent, the best showing since March. Activity at the nation's factories remained subdued, however, with industrial production rising just 0.1 percent...
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U.S. retailers release May same-store sales figures that show an improvement from the previous month, but with some weakness.
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The nation's industrial output posted a modest increase in January as strength at utilities offset weakness in manufacturing and mining.
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The nation's retailers delivered more evidence of a stumbling economy Thursday, as merchants including Wal-Mart Stores Inc. reported weak January results, extending a malaise that has deepened since the holiday shopping season.
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US retail sales barely rise in January, figures show, as consumers pause for breath after a hectic end to 2006.