Sales at U.S. retailers rose slightly in November and mostly benefited a few merchants such as auto dealers and internet stores, suggesting the holiday season got off to a sluggish start.
Retail sales edged up 0.2% last month, the government said Friday. Economists polled by MarketWatch had expected a 0.5% increase.
One potential reason sales fell short of Wall Street’s forecast: A late Thanksgiving pushed the first big weekend of holiday spending into December. Cyber Monday took place on Dec. 1.. . . more