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Retailers post first sales gain in year

from NASDAQ

U.S. retailers in September collectively posted their first growth in same-store sales since August 2008, with several hopeful signs reported by an industry mired in an extended slump. The September showing prompted a number of retailers, including Target Corp., J.C. Penney Co. and Kohl's Corp. to issue optimistic earnings outlooks. Meanwhile, Victoria's Secret parent Limited Inc. reported its first same-store-sales increase since August 2007. more


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