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Gap, Saks lead largest monthly sales gain in a decade

from Bloomberg via BusinessWeek

Gap Inc., Saks Inc. and TJX Cos. posted March sales gains that exceeded analysts' estimates as retailers benefited from an early Easter and the economic recovery to report the biggest increase in a decade. Sales at stores open at least a year climbed 11 percent at clothing retailer Gap, beating the 3.7 percent average of estimates compiled by Retail Metrics Inc. more


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