Limited December same-store sales down 8 percent
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Limited Brands Inc  said on Thursday sales at stores open at least a year fell 8 percent in December.
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If anyone is looking for signs that we may be headed into a recession, look no further than the dismal December sales results turned in by the nation's retailers.
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Retailers generally had a good showing as the Christmas shopping season began last weekend, but Wal-Mart Stores Inc. dampened the holiday mood with a lump of coal as it reduced its projected sales.
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Retail sales unexpectedly fall in December as consumers rein in their Christmas spending.
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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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Retailers reported mostly gloomy December sales results, hurt by snowstorms as well as deep discounting aimed at getting cash-strapped consumers to open their wallets during retail's most important month.
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U.S. retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, data showed on Tuesday, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit crisis.
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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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West Coast retail chain Longs Drug Stores Corp. said Friday that sales at stores open at least one year, or same-store sales, declined 2 percent in the month of November.
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Circuit City Stores Inc. , the No. 2 U.S. electronics retailer, on Wednesday reported a 5.8 percent drop in December sales at stores open at least a year as customer traffic fell below last year's levels.
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The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations
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The 2007 holiday shopping season is turning out to be the weakest in years after retailers across-the-board reported deep declines in their December sales Thursday.
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Circuit City Stores Inc. CC.N, the  No. 2 U.S. electronics retailer, on Wednesday posted a 5.8  percent drop in December sales at stores open at least a year  as customer traffic fell below year-ago levels.
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U.S. chain store sales fell in the  last week of November, as shoppers focused on discounted rather  than full-priced items, a report said on Tuesday.
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With Boxing Day falling on a Sunday, retailers reported more modest crowds than in the past at annual discount sales. But they expect to do brisk business this week, as many Canadians will not return to work until the new year.
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New single-family U.S. home sales fell 4.7 percent in December to the lowest rate in nearly 13 years while the median sales price dropped sharply according to a government report on Monday that delivered more grim news for the housing sector.
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Pier 1 Imports Inc. PIR.N on  Thursday said December sales at stores open at least year fell  8.8 percent, and the home furnishings retailer, struggling with  hefty competition, again cut its earnings outlook for the  fourth quarter.