HOLIDAY RETAIL SALES FAIL TO LIFT ALL SPIRITS

Retailers looking to have their spirits cheered -- and sales figures lifted -- by the holiday season just passed are likely to be still waiting for Santa, according to preliminary results and surveys.Among the gloomy reports:Wal-Mart Stores, Bentonville, Ark., said it had revised its same-store sales projections for December to 2% to 3%, down from 3% to 5%. The company added that comparable-store

Retailers looking to have their spirits cheered -- and sales figures lifted -- by the holiday season just passed are likely to be still waiting for Santa, according to preliminary results and surveys.

Among the gloomy reports:

Wal-Mart Stores, Bentonville, Ark., said it had revised its same-store sales projections for December to 2% to 3%, down from 3% to 5%. The company added that comparable-store sales at Sam's Club were likely to be negative.

Consumer confidence d

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