Price Cuts Help Retailers Post Holiday Gains
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Last-minute shopping helped U.S.  retailers boost sales in December after a slow start to the  holiday season, but hefty discounting caused some companies to  warn profits may be squeezed,
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The November sales results for a few retailers raise some questions.
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Retail sales rose a strong 1.2 percent in November in a bright sign for the holiday shopping season, but producer prices posted their biggest gain in 34 years, offering a reminder that rising costs are weighing on the economy.
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U.S. stocks may not extend their recent rally much further this year, even though the holiday shopping season took off with a busy start as retailers lured consumers with deep discounts.
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Retailers expect the day after Boxing Day to be busier as bargain hunters continue the chase for cut-price items.
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Retailers hope a surge of customers this weekend will kick off a strong final week in a holiday selling season that&#39;s been lackluster to this point.
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British retail sales bounced back in November, as Christmas shoppers kept the tills ringing in the crucial festive trading period.
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Business & money: Leading stores forecast shortfall in year's profits after shoppers cut back on festive spending
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Amazon.com\\'s sales surged during the holiday season, and profits climbed, too, mainly because of a tax break. But the online retailer\\'s profit fell a few pennies a share short of Wall Street\\'s expectations for a third-consecutive quarter, and investors drove its shares down  in after-hours trading.
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The holiday shopping season ended better than it started and most retailers are on track to meet humble sales goals, though many still hope for an extra boost the week after Christmas as consumers cash in gift cards.
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With less than two weeks of shopping left until Christmas, the nation's malls and stores stepped up discounts over the weekend, but business appeared to be mixed, according to analysts.
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The holiday shopping season ended better than it started, and most retailers are on track to meet humble sales goals. Still, many hope for an extra boost this week as consumers cash in gift cards.
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Last-minute shoppers saved the Christmas season for retailers with a surge of spending last week. Sales were up 11.6 percent for the week compared with last year, according to ShopperTrak.
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The holiday shopping season ended better than it started, and most retailers are on track to meet humble sales goals, though many hope for an extra boost the week after Christmas as consumers cash in gift cards.
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Sales at United States retailers, including JC Penney and Target, got a boost on the first weekend of the US holiday-shopping season as customers bought discounted retail goods.
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Just weeks ago, the holiday shopping season seemed headed for disaster. But in the waning hours before Christmas, the nation's retailers got their wish Â a last-minute surge of shopping that helped meet their modest sales goals, according to data released late Monday by research firm ShopperTrak RCT Corp.
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Gift cards remain this holiday  season's wild card for U.S. retailers who have slashed prices  by up to 70 percent since Christmas to boost sales, meet their  monthly targets and clear out seasonal merchandise.