Cold Weather Lifts Retail Sales

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Cold weather toward the end of October boosted sales and gave many of the nation’s retailers solid sales for the month. The outlook for the holiday season remained cautious with energy prices still high.


As retailers reported sales results Thursday, a variety of stores including Wal-Mart Stores Inc., Costco Wholesale Corp., J.C. Penney Co. Inc. and Nordstrom Inc. beat Wall Street expectations. Apparel retailers Gap Inc. and Limited Brands Inc. again struggled with their fashion formulas and reported disappointing sales.


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