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Retail sales up a robust 4.3 percent in July

from Los Angeles Times

U.S. shoppers temporarily put aside their worries about the economy and hit the malls in July, handing retailers a robust start to the crucial back-to-school season. Major chain stores posted a robust 4.3 percent sales increase in July compared with the same month a year earlier, well above analysts' expectations of a 1.5 percent rise, according to Thomson Reuters' tally of 20 retailers. more


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