Wal-Mart sees weak sales as holiday season starts
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Wal-Mart Stores Inc. predicted a rare decline in monthly sales on Saturday, even as U.S. bargain-hunters jammed stores in search of gifts at the start of the crucial holiday shopping season.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, said Saturday it expects a 0.7 percent increase in November sales at its US stores open at least one year, down from a forecast of 2 percent to 4 percent a week ago.
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U.S. stock futures pointed to a lower market open on Monday as investors worried about a weak retail environment after a disappointing sales forecast from Wal-Mart Stores Inc.  and a rise in crude oil prices.
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Wal-Mart Stores Inc., the No. 1 US retailer, on Thursday posted weak November sales and gave its lowest monthly forecast in 19 months for December as high oil prices crimp core lower-income consumers&#39; spending.
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Wal-Mart Stores Inc. WMT.N said on  Saturday it still expects a 1 percent to 3 percent increase in  December sales at its U.S. stores open at least a year as sales  of general merchandise and winter items improved in the latest  week.
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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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Early holiday sales reports are weak, with Target Corp., the nation's No.2 retailer, warning that its sales may have fallen in December.
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Wal-Mart Stores Inc.'s  shares dipped 1 percent early on Monday as Wall Street tried to determine what caused surprisingly weak November sales and looked ahead nervously to a make-or-break December.
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Wal-Mart Stores Inc. issued a sobering warning for the holiday shopping season Thursday, predicting its December same-store sales gain would be zero percent to 1 percent.
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Wal-Mart Stores Inc., the world&#39;s largest discount retailer, on Tuesday signaled it will cut prices in the weeks before Christmas after a strategy against deep discounts backfired on the first weekend of the holiday shopping season.
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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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Wal-Mart Stores Inc. , hurt by sluggish sales over the Thanksgiving holiday weekend, on Friday launched a rare advertising blitz in newspapers around the United States focusing on its price cuts.
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The nation&#39;s retailers had a disappointing start to the holiday season, today reporting sluggish November sales as a much-hoped-for surge in Thanksgiving weekend business failed to materialize.
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Anecdotal evidence of crowded stores at the start of the holiday shopping season wasn&#39;t backed up with promising retail numbers, as Wal-Mart Stores Inc.
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Wal-Mart Stores Inc., hurt by sluggish sales over the Thanksgiving holiday weekend, on Friday launched a rare advertising blitz in newspapers around the United States focusing on its price cuts.
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Wal-Mart Stores Inc.  said on Saturday it still expects a 1 percent to 3 percent increase in December sales at its U.S. stores open at least a year as sales of general merchandise and winter items improved in the latest week.
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Wal-Mart Stores Inc.'s  lackluster December sales forecast on Thursday cast doubt on its fourth-quarter prospects, while its nearest rival, Target Corp. , continued to shine.