Summary
NEW YORK -- Retailers faced an uncertain 2006 Thursday after December's modest sales gains showed that the holiday shopping season, while respectable, was disappointing for some of the nation's most prominent merchants.
As expected, Wal-Mart Stores Inc. was one of the stragglers, falling short of Wall Street's expectations and warning about its fourth-quarter profits.See the full content of this document
Extract
'05 Holiday Sales Modest
It was clear as stores released their monthly sales figures that consumers, mindful of the rising costs of energy and borrowing money, were particularly cautious during the holidays.
Winning retailers...See the full content of this document
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