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Thursday, November 6, 2008

Same Store Sales (October)

Per CNN:

U.S. retailers, already struggling with a protracted sales slump this year, suffered another disastrous sales month in October as Americans continue to shun unnecessary purchases in tough economic times.

The sales reported Thursday were the worst in at least eight years, since Thomson Reuters - which tracks monthly sales for 34 of the nation's largest retailers including Wal-Mart, Gap, Sears, and J.C. Penney - began tracking the results in 2000.