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No spurt in retail sales on the horizon

The National Retail Federation reiterated its prediction holiday sales will fall 1 percent this year. The National Retail Federation reiterated its prediction holiday sales will fall 1 percent this year. (Jeremy Bales/ Bloomberg News/ File 2008)
December 1, 2009

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Retailers like Hingham-based Talbots Inc. didn’t have as much to celebrate yesterday as some investors were hoping for. The National Retail Federation said the average shopper spent $343.31 in stores and online over the Thanksgiving weekend, less than last year. The group is sticking to a forecast for a 1 percent drop in spending this season. “Where’s the money going ... (Full article: 80 words)

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