Retailers ring up worst Christmas for "decade"
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British retailers have endured their worst Christmas for 10 years, as cautious shoppers failed to bring festive cheer to high street shops, a survey of the sector showed.
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Business & money: Leading stores forecast shortfall in year's profits after shoppers cut back on festive spending
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The holiday season typically brings a surge in the number of fraudulent online orders, and smaller online retailers are being hit especially hard this year.
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The FTSE 100 extended recent falls on Monday, with retailers at the fore-front of the sell-off. With the key Christmas spending period upon us, the sector was hit by continued consumer spending fears.
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Business & money: New chief executive says retailer was left with large quantities of unsold goods in run-up to Christmas
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Crucial US holiday sales launched with a flop, retailers reported.
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Consumer spending, the critical bulwark that has kept the country out of a recession, is showing signs of cracking. Retail sales plunged by 0.4 percent last month as consumers battered by a sinking housing market, rising unemployment and the credit crunch, handed retailers their worst Christmas in five years.
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LONDON  - A sharp drop in spending by U.S. tourists contributed to one of the worst Christmas sales periods for London's retailers, an industry body said Monday.
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UK shoppers left their Christmas shopping late this year, but there was a seasonal rush in the last 10 days, retailers say.
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Dec 24, 2004 - Shoppers some holding out for the best bargains, others delayed by winter storms in the Midwest hit the nation&#39;s malls and stores, looking for last-minute gifts on Friday, the day before Christmas.
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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.
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The nationâs retailers wrapped up the weakest sales year since 2002, according to a gloomy report that fanned fears of a recession.
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Many U.S. retailers are expected to  report disappointing December sales later this week, hurt by  everything from the challenging economy to unfavorable weather  to the calendar, which shifted more holiday sales to November.
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LOS ANGELES - Toy makers and major retailers are bracing for potentially weak Christmas sales this year amid concerns that consumers, many squeezed by skyrocketing gas prices or uneasiness over the economy, will spend less on holiday shopping.    On Monday, No...
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Business & money: Weakening house prices and soft consumer spending set to make 2008 worst year since early 1990s
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NEW YORK -- 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 disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the...
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Retailers felt the pinch following the Christmas trading period as sales plunged by 1.8 percent in January, the biggest monthly fall in four years, official data has shown.