Retail Rebound: Sales Rise Most in Four Years

by Benjamin Domenech on 9:20 am July 7, 2010

Significant: “Retailers may have bucked last month’s drop in consumer confidence that threatens to temper the rebound. The year-to-date growth in sales shows that spending, a key driver of the U.S. economy, is faring better than many investors are betting, said Michael Niemira, the New York-based ICSC’s chief economist.”

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