Retail sales fall by record 2.8 percent in October (Reuters)

Pedestrians walk past a Banana Republic store along 5th Avenue in New York City, May 11, 2008. (Joshua Lott/Reuters)Reuters - Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers.


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