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The Boston Globe

Business

ShopperTrak cuts holiday retail sales forecast

NEW YORK — ShopperTrak, which analyzes customer traffic at US stores, cut its holiday sales forecast because shopping has limped along since the Thanksgiving weekend buying frenzy.

ShopperTrak, of Chicago, said Wednesday that it now expects holiday sales to be up 2.5 percent, down from its 3.3 percent projection issued in ­September.

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