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August retail sales disappoint with tepid 0.1 percent increase from July

from Chain Store Age

Retail sales increased in the month of August but came in at a much slower pace than anticipated, according to the National Retail Federation. Sales (excluding automobiles, gas stations and restaurants) increased 0.1 percent seasonally adjusted from last month, and increased 3.9 percent unadjusted year-over-year. more

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