Federated, Retailers Offer December Discounts to Lure Shoppers
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At Bloomingdale&#39;s in New York, a sign in the women&#39;s department offered a $100 gift card for any coats bought Dec. 2 through Dec. 4th at the regular price of between $500 to $999.
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Post-holiday discounts and shoppers redeeming gift cards helped boost retail sales 14 percent for the last full week of December, according to data released on Wednesday.
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Most small retailers, which cannot afford either price cuts or expensive advertising, are doing something else this holiday season: making a virtue of their size.
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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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Merchants are slashing post-holiday prices even deeper, hoping to squeeze the last bit of sales from a shopping season that many retailers are finding unimpressive.
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Retailers may be in for a blue  Christmas this year as worries about soaring energy prices,  consumers' cost-consciousness and a warmer December than last  year make for lackluster holiday sales, retail analysts said.
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U.S. retailers kicked off the annual post-Christmas selling frenzy on Sunday, hoping that shoppers would flood stores to search for bargains or redeem gift cards and give profits a shot in the arm.
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Consumers kept a closer eye on their wallets as they moved into the holiday shopping season, boosting their spending by a modest 0.2 percent in November.
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High Street retailers launch a series of sales and special offers to lure stay-at-home consumers into some early Christmas shopping.
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The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations. They're waiting in particular for legions of shoppers armed with gift cards to snap up bargains and buy new merchandise that has just hit store shelves.
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The nation's shoppers Â taking advantage of deep discounts and expanded hours Â jammed stores over the last weekend before Christmas to try to grab a hard-to-find Wii or scoop up bargains on other items. But the spending surge may not be enough to offset what is shaping up to be a mediocre December for some retailers.
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Retailers are giving vocal online shoppers more opportunities to sound off about products this holiday season &#151; and in return are hoping to convert more surfers into buyers.
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With just hours to go before Christmas, the nation&#39;s retailers hoped a last-minute flurry of holiday shoppers, whether delayed by winter storms or by simple procrastination, would be enough
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The nation's shoppers  -  taking advantage of deep discounts and expanded hours  -  jammed stores over the last weekend before Christmas to try to grab a hard-to-find Wii or scoop up bargains on other items
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U.S. consumers cheered up in early December, sending potentially good news to retailers during the crucial holiday shopping season, a report showed on Friday.
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The post-Thanksgiving rush to US stores has begun, with bargain hunters taking advantage of seasonal discounts.
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Gift cards were hot; department stores were not. The pricier the goods, the better they sold. American Eagle Outfitters was the store to shop; Aeropostale was so 2003. And for stores with all the wrong stuff, not even huge discounts saved Christmas.