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US Retailers Report Disappointing Holiday Sales

U.S. retailers saw more people shopping in stores and online at the beginning of the traditional holiday shopping season, but they spent less overall. The preliminary figures are important because stores rely on strong sales during November and December for much of their profit. U.S. shoppers habitually throng stores on the Friday after the patriotic, religious, and family holiday of Thanksgiving, which is always on a Thursday late in November. Most are gathering clothes,...

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