Retailers Report Weak January Sales
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Wal-Mart reported a slim half-point gain in sales at stores open at least a year and sales dropped at Limited Brands, Pacific Sunwear and Wet Seal, offering more evidence of a stumbling economy.
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U.S. chain store retail sales fell in the latest week as unseasonable weather caused sales to slow a retail report said on Tuesday.
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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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Sales at retailers rose 0.3 percent in January, which was an unexpected pickup that partly reflected stronger sales of new cars and gasoline, according to a Commerce Department report on Wednesday.
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The coldest February since 1979 caused U.S. retailers' sales to grow at the slowest pace in three months as consumers delayed buying spring merchandise.
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U.S. consumer sentiment eased in early  January, according to a survey released on Friday, as shoppers'  holiday shopping bills came due for payment.
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Frigid winter winds blew life into U.S. retailers' January sales, as consumers snapped up cold weather clothes left on the shelves from the holiday season.
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U.S. retailers reported largely disappointing February sales results on Thursday, as cold temperatures and stormy weather hampered sales of spring merchandise.
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U.S. retailers posted weak sales growth in December, as snow storms, discounts and economic uncertainty conspired to make the 2007 holiday shopping season the worst in 5 years.
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Sales at U.S. retailers fell 0.4  percent in December and were less vigorous in November than  previously thought, according to a government report on Tuesday  that implied costlier energy and slumping housing prices were  taking a toll on consumers.
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U.S. retailers on Thursday reported  weaker-than-expected August sales, generating the smallest  monthly gain in a year and a half as high gasoline prices cut  into back-to-school spending.
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The January sales failed to help the UK High Street recover from a poor Christmas season, a survey by the British Retail Consortium finds.
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An already weak holiday shopping season turned out to be even worse than expected for many of the nation's retailers, who reported Thursday they had sluggish sales results for December. The disappointing performance raised more concerns about consumer spending.
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Shoppers put aside worries about the slumping economy to go to the malls and auto dealerships in January. That propelled retail sales to a surprising rebound following a dismal December.
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US retail sales fall in January, dragged lower by a heavy fall in car sales, the Commerce Department reports.
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Sales at the nation's retailers edged up by 0.1 percent in February as bad winter weather in many parts of the country kept shoppers away from the malls.
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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.