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Market Watch
May 4 - 17, 2006
Discounters Wal-Mart & Target Head-To-Head in Attracting Shoppers
DALLAS, May 17, 2006 / FW/ --- As quarterly financial reports roll in, retailing giant Wal-Mart and fashion-forward Target are on a head-to-head race in attracting shoppers with both of them reporting sales increases at 12% for the quarter.
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Late Easter Proves to be Factor in Positive April Sales, According to NRF
WASHINGTON, DC, May 11, 2006 / --- Consumers shook off high prices at the pump last month as retailers saw positive gains across the board. According to the National Retail Federation (NRF), retail industry sales for April (which exclude automobiles, gas stations, and restaurants) rose a solid 6.9% over last year and increased 0.1% seasonally adjusted over March.
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Versace Is On Its Way Up Though Still in the Red
MILAN, May 10, 2006 / FW/--- As financial reports roll in, the trend for luxury companies is up, including Versace that reported a 5.5 million euro loss, a big improvement from 92.4 million euros loss during the same period last year.
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Protect Yourself From Identity Theft
NEW YORK, May 8, 2006/ MF/ --- You may have already bought a new car, plasma television or some other pricey item and not even know it. How? You could be a victim of identity theft. Experts offer advice on how to prevent this from happening to you.
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In April, Department Stores Showed Mixed Sales Results
DALLAS, May 4, 2006/ --- While discounters showed all positive increases for April, department stores showed mixed results for April with the very lucrative Easter sales season.
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