Pru vendors: Move hurting seasonal sales
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At first, it seemed like a good idea for Prudential Center: Move holiday merchants from outdoor space on Boylston Street, where they endured several snowstorms last year, and put them inside a former Star Market.
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Investors may frown as a sluggish holiday season has retailers slashing prices.
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Inventory and accounts receivable growth are outpacing sales.
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The latest data indicates that slowing home sales and the rising number of properties for sale is forcing more sellers to reduce prices in many locations across the country.
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Retailers gearing up for their annual sales push are being forced to wait - thanks to a backup of cargo ships, railroads and truck lines.
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From discounters to department stores, the nation&#39;s retailers reported bleak November sales yesterday, raising doubts about holiday sales prospects.
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The nationâs big retail chains, a closely watched barometer of economic health, reported dreary December sales, which may stoke fears of a recessionary downtown.
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Holiday shoppers rushed the doors of  apparel retailers, including Aeropostale Inc. , over the  U.S. Thanksgiving weekend, anxious to snag some of the best  deals of the year, but the sharp discounts could hurt the  companies' bottom lines.
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NEW YORK -- The nation's retailers, once hopeful for a strong spring selling season, are being forced to ratchet down their expectations after sales stalled amid the chill of February.
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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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Online sales of holiday stalwarts like jewelry, watches and flowers have dropped from last yearâs levels, while sales of more practical items like furniture and appliances have climbed.
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Gavin Reynolds (Rochester, NY) 12/03/04 - From dawn until dusk retailers are pulling out all the stops to make every weekend like the day after Thanksgiving.
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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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One of the mantras of global industry in recent years has been keeping inventories lean and mean, but there are increasing signs this cost-cutting strategy is creating strains and causing companies to miss out on sales.
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Boxing Day figures reveal poor sales, but bargain hunters are expected to turn out in force for post-Christmas shopping
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Rising sales and net income isn't always what it seems, especially when there's a big, fat inventory hairball in the way.
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NEW YORK (Billboard) - Just when it seemed erosion of music sales during the holiday season couldn't get worse, December snowstorms compounded the retail industry's misery.