Retailers looking to have their spirits cheered -- and sales figures lifted -- by the holiday season just passed are likely to be still waiting for Santa, according to preliminary results and surveys. Among the gloomy reports: Wal-Mart Stores, Bentonville, Ark., said it had revised its same-store sales projections for December to 2% to 3%, down from 3% to 5%. The company added that comparable-store sales at Sam's Club were likely to be negative. Consumer confidence declined in December ...
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