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November Retail Sales Comps Beat Estimate

In Industry News, Reports, What's New by Jeff Prine

New York—November comparable store may actually have not only beat economists’ estimates, but also surprised some retailers. In its report released Thursday, Retail Metrics, a research firm, said comp store sales at reporting retailers (except drugstores) grew 5.2% in November, ahead of the 3% gain analysts expected. “November was OK—certainly …

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September Comp Sales Rise “Modestly”

In Industry News, What's New by Jeff Prine

New York—With some last minute back to school/college sales to their credit, retailers today reported a modest increase in their September comparable store sales. While traditionally September is somewhat of a breather between peak back to school sales and the start of the Christmas shopping season. As of press time, …