41.   For example, even if consumers spend more overall a particular retailer can still have lower sales if most of these shopper dollars go to a competitor.

42.   Furthermore, retailers do not have to worry about having their names devalued by being associated with the online auctions.

43.   Good sales in July, usually a big month for clearance sales, mean retailers probably will have to take fewer markdowns to reduce inventories in August.

44.   Good sales in July, usually a big month for clearance sales, mean retailers will likely have to take fewer markdowns to reduce inventories in August.

45.   German retailers have little understanding of shareholder value, Anderson added.

46.   FTC lawyers fear consumers would pay more if one chain disappears, noting prices have fallen in markets where both retailers have stores.

47.   He said other retailers have similar schemes that have helped sales, although the benefits may not be enough to offset the costs of the cards.

48.   He said retailers often had a difficult time negotiating with landlords because there were multiple bidders for space.

49.   Higher post-budget prices are often short-lived as retailers have had to cut prices again in following months, to widen the price differential against competitors.

50.   However, these retailers have considerable difficulty capturing and maintaining sales data that are accurate.