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US weekend holiday sales raise hopes

from The Wall Street Journal

Retailers were cheered that their mix of deep discounts, early openings and website investment produced a strong start to the holiday season. Now, they're plotting more price cuts to keep wary consumers interested for the rest of the key retailing period. Sales on Black Friday — the big shopping day after Thanksgiving — rose 6.6 percent from a year ago, according to retail data and consulting firm ShopperTrak, which uses equipment installed in stores to measure traffic. (Subscription required.) more

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