Weak retail sales over Christmas
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Retail sales in December were unexpectedly weak with the three month figure at its lowest since November 2006.
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Drugstores reported unusually weak December sales on Thursday, weighed down by a slow flu season, lower-priced generic drugs and sluggish sales of seasonal items.
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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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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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Marks & Spencer reports a poor performance over the Christmas trading period, with like-for-like sales down 5.6% on the year.
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Economic pressures and online deals  might have led consumers to sharply limit their trips to  retailers in the week leading up to Christmas, data tracker  ShopperTrak RCT said on Thursday.
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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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Retailers may be in for a blue Christmas this year as worries about soaring energy prices, consumers' cost-consciousness and a warmer December than last year make for lackluster holiday sales, retail analysts said.
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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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Retailers posted mostly gloomy December sales results, as snow storms, discounts and economic uncertainty conspired to make the 2007 holiday shopping season the worst in 5 years.
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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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Retailers reported weak February sales, saying the monthâs cold temperatures and stormy weather hampered results.
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A burst of shopping in the waning hours before Christmas helped the nationâs retailers meet their modest sales goals.
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The nation's retailers had a disappointing start to the holiday season, reporting sluggish sales for November after a much hoped-for surge in Thanksgiving weekend business failed to materialize.
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U.S. retailers on Thursday delivered  mixed sales results for December, the year's key shopping  month, with upscale stores faring well but many others slashing  prices, squeezing profits.
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Following a lukewarm shopping weekend, the nation's stores are now focusing their attention on the final week leading to Christmas, as consumers seem to be postponing more of their buying to the last minute compared to a year ago.
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The outlook for the holiday season dimmed Thursday as the nation&#39;s retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.