Monday, July 18, 2011

NRF: Retail Sales Up 0.3% in June

Retail industry sales (which exclude automobiles, gas stations, and restaurants) in June increased 0.3 percent seasonally adjusted from May and 5.5 percent unadjusted year-over-year, according to data from the National Retail Federation, which notes that it’s the 12th conservative month of retail sales growth.The organization said warm weather, lower gas costs and strong Father’s Day promotions

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