Heavy store traffic doesn't mean huge sales
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Consumers packed malls and store parking lots over the U.S. Thanksgiving holiday weekend, leading many to expect this year's holiday sales figures could blow away expectations and lift retail stocks.
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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It gets the most traffic but lags in monetizing that traffic.
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Steep discounts, combined with warm and wet weather, led to a less-than-stellar November sales for many chains, despite heavy shopper turnout for the kick-off of the holiday season, retailers said on Thursday.
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WASHINGTON - Shoppers showed a small bit of cheer at the cash registers in November, boosting sales at the nationâs retailers by 0.1 percent.
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WASHINGTON -- Sales at the nation's retailers barely budged in February as bad winter weather kept already cautious shoppers away from the malls.
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With Boxing Day falling on a Sunday, retailers reported more modest crowds than in the past at annual discount sales. But they expect to do brisk business this week, as many Canadians will not return to work until the new year.
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With only four more shopping days until Christmas, it&#39;s the retailers -- not the shoppers -- who appear to be feeling frantic.
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The discount retailer continues to hang on with modest sales growth.
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Sales at major US retail chains edged barely higher last week, likely crimped by high gasoline prices, a survey showed.
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The holiday shopping season began with a surge in spending, but consumers faded by the long Thanksgiving weekendâs close and many retailers were facing decent but hardly impressive sales.
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With less than two weeks until Christmas, consumers don&#39;t seem to be in a big rush to finish their holiday shopping, evidence from two groups that track sales confirmed on Tuesday.
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HUNTINGTON -- With one of the busiest shopping weekends concluded, area retailers saw shoppers show up in droves for the early Thanksgiving Day weekend sales but got mixed results afterward.
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Merchants say sales arm of popular auction site hasn't drawn expected online crowds.
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While its growth rate won't knock your socks off, at least there's generally still growth.
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Major U.S. retailers reported modest  gains in November sales on Thursday, as discounting lured  customers, but high energy prices and nagging concerns about a  soggy job market kept buying in check.
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The apparel retailer isn't the type to brag, but...