US retail sales fell unexpectedly in June
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US retail sales fell unexpectedly in June as American consumers cut back their spending amid a persistent housing slump and higher gasoline costs, a government survey showed Friday.
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Retail sales fell 0.4% in July - the first monthly decline in over a year - but the underlying trend remains strong, official figures showed today.
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UK High Street sales fell more sharply than expected - dropping by 0.4% in July, official figures show.
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Children's Place Retail Stores Inc.  on Monday said weak sales at its Children's Place and Disney Store chains caused a 4 percent decline in June same-store sales, forcing the retailer to forecast a wider net loss for the current quarter than analysts had expected.
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Sales at U.S. retailers surprisingly dropped 0.9 percent in June, the biggest decline in almost two years, as car and gasoline sales fell, a government report showed on Friday.
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US retail sales slide in June by the biggest amount in almost two years, sparking fears about growth.
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Ford Motor Co.  on Tuesday said  U.S. sales fell 8.1 percent in June, as a big decline in car  sales more than offset a slight rise in truck sales.
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US retail sales fell 0.3 percent in August, marking the third decline in the past five months, according to an estimate from the Commerce Department.
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Shoppers turned tightfisted in August, dropping sales at the nation's retailers by 0.3 percent, providing fresh evidence of an erratic pace of consumer spending in recent months.
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WASHINGTONâAmerican shoppers turned tight-fisted in August, dropping sales at retailers by 0.3 per cent and providing fresh evidence of an erratic pace of consumer spending in recent months.
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Existing US home sales fell in June, figures show, as the slowdown in the housing market continues.
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Upscale retailer Saks Inc.  reported a  5.6 percent fall in June sales at its stores open at least a  year and said owned sales fell 3.9 percent to $237.6 million  for the month.
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CHICAGO (CBS.MW) - Retail stocks fell Monday after Wal-Mart cut its August sales forecast, casting a pall over expectations for consumer spending during the back-to-school season.
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Consumer spending was weak for a fourth straight month in June as rising gasoline prices left Americans with little to spend on other items. A key measure of inflation rose at the fastest pace in more than a decade.
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The pace of sales of existing homes  in the United States fell 1.3 percent in June to their slowest  pace since January, the National Association of Realtors said  on Tuesday.
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Retail sales posted their steepest drop in nearly two years in June, according to government data on Friday, indicating the housing market slump and soaring gasoline costs are depressing consumer spending.
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Retail sales in Britain slowed last month, official data showed Thursday, as the country&#39;s wettest June on record kept consumers away from the highstreet.