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US Holiday Weekend Sales Dip; E-commerce Jumps

Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent less than they did a year earlier, according to data released Sunday by an industry group. That could be an indication of a more difficult season for many retailers. One bright spot this weekend, according to the data, was e-commerce as online sales soared. The National Retail Federation estimated the average shopper spent $407.02 over the weekend, or 3.9 percent less than...

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