Retail: The Great Holiday Blowout Sale

From Neiman Marcus to Old Navy, no one's immune to big sales promotions leading up to what promises to be the weakest holiday season in decades

This holiday season is shaping up to be the battle of the better deal—and it's a bloody battle indeed. For months, retailers have been throwing themselves at consumers with promotions, yet October results show such efforts aren't yielding much, with same-store sales coming out negative across retail sectors. Less than three weeks away from Black Friday—the biggest U.S. shopping day of the year—retailers are bracing themselves for what promises to be the weakest holiday season in decades.

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