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Same-store Sales Up In May, But Shoppers Careful
yahoo.com 13 hours, 27 minutes ago(Reuters) - Low prices and good deals helped wary U.S. consumers overcome their growing anxiety about the economy in May, leading to stronger-than-expected sales for top retailers. Chains that cater to bargain hunters such as discounter Target Corp and low-priced chains TJX Cos Inc and Ross Stores Inc were among the big winners in May, with sales at stores open at least year that beat Wall Street expectations. Another winner, Macy's Inc, continued to hold sales events and thereby lure shoppers away from riv
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Big Lots 1Q Net Sinks 22% On Same-Store Sales Decline - Wall Street Journal
google.com 1 week, 1 day agoForbes Big Lots 1Q Net Sinks 22% On Same-Store Sales Decline Wall Street Journal By Kristin Jones and Karen Talley Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Big Lots Inc.'s (BIG) fiscal first-quarter profit sank 22% as the closeout retailer saw same-store sales decline in the US on weakness in consumables and electronics. Big Lots Sees Smaller 2012 Profit, Misses Q1 Estimates 1Q Profits Sink 22% at Big Lots Big Lots 2nd-quarter profit outlook misses Street estimates - -
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