December Retail Sales Sluggish

A mild start to the winter season and modest holiday shopping led to disappointing results for U.S. retailers reporting December sales last week. Overall same-store sales growth of 3.2% among 60 reporting retailers was lower than the 3.6% composite gain reported last December, according to Retail Forward, Columbus, Ohio. The International Council of Shopping Centers, New York, reported an overall

A mild start to the winter season and modest holiday shopping led to disappointing results for U.S. retailers reporting December sales last week.

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