Retail sales rose less than forecast

January 12, 2012 | Filed under: AM Roundup | Posted by:
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Sales at U.S. retailers sold less than forecast, held back by deep discounts and cheap fuel prices.

Bloomberg reports that sales rose .1 percent in December, after a .4 percent gain in November.

Retailers resorting to deep discounts early in the season to draw in buyers.

Read more at Bloomberg.