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Holiday Retail Season in US is Surprisingly Robust, So Far


The traditional Christmas shopping season in the U.S. kicked off in surprising fashion this past weekend.

But, some analysts say the brief spending spree will not be enough to boost retail profits or spare the industry from the weakest holiday sales in decades.

As Carolyn Presutti reports, the gains came at the expense of stores that slashed prices to lure shoppers.

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