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Retailers report strong sales for November

from The Associated Press via Google News

Oh what a difference a weekend can make. Shoppers taking advantage of big discounts and earlier store hours during the start of the holiday shopping season last weekend helped boost retailers' revenue for the entire month of November. Retailers from Macy's to Costco reported monthly revenue at stores open at least a year — an indicator of a merchant's health — that beat Wall Street estimates. The overall tally for the 21 retailers that reported revenue for November rose 3.2 percent, according to the International Council of Shopping Centers. more


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