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Jan 16, 2012
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Jan 16, 2012

Retailers in for steady, modest growth in 2012

NEW YORK/CHICAGO (Reuters) – Hopefully, retailers liked 2011, because 2012 is looking like it will offer more of the same.

A consensus is emerging that the new year will again bring a slow but steady increase in business, after moderate growth last year that was capped by a holiday season that saw shoppers spend if stores gave out bargains.

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Dec 19, 2011

Holiday sales seen strong, but still discounted

By Brad Dorfman

(Reuters) – Discounts and mild weather are bringing out shoppers at a better-than-expected pace this holiday season, with department stores like Macy’s Inc (M.N: Quote, Profile, Research) doing well and women’s apparel retailers feeling pressure.

“Some of the women’s retailers that were doing well earlier in the year are getting hurt this holiday by the resurgence of the department store,” said Customer Growth Partners President Craig Johnson. The retail consulting firm had been one of the most bullish forecasters of 2011 holiday sales.