Poor weather knocks retail sales
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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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Post-holiday clearance sales and  gift-card redemptions boosted January sales at major U.S.  retailers, but the harsh winter weather that hit the Northeast  and Midwest late in the month capped consumers' 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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The August start of the back-to-school shopping season was a disappointment for major retailers, delivering the industry a third straight month of tepid sales and its weakest gain in almost a year and a half. Higher gasoline prices and consumers' ongoing worries about jobs contributed to the poor showing.
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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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US retail sales and industrial output slow as the economy is hit by the housing slump and credit squeeze.
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WASHINGTON - Retail sales slid in August as people steered away from buying cars and shoppers kept a close eye on their spending after splurging in July.    The Commerce Department reported retail sales fell by 0.3 percent in August, following a 0.8 percent gain the previous month...
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WASHINGTON -- Retail sales, hurt by a big drop in auto purchases, slowed in January to the weakest performance in three months.
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Retailers reported weak February sales, saying the monthâs cold temperatures and stormy weather hampered results.
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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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For shoppers, the weekend snowstorm likely means deeper discounts and longer after-Christmas sales. "It's a plus for the consumer, no question about it," said Luciano Manganella, the owner of Boston boutique JasmineSola. "But for the retailer, it's lost business."
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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. 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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WASHINGTON, Feb. 14  â Retail sales, hurt by a big drop in autos, slowed at the start of the year while business inventories had their poorest showing in 17 months.
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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.
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WASHINGTON -- Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.
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Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.