Retail sales: Signs of life, but not yet a rising tide - Blogging Stocks

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Retail sales: Signs of life, but not yet a rising tide
Nov 06, 2009 04:40 PM UTC

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Filed under: Wal-Mart (WMT), Target Corp. (TGT), Costco Wholesale (COST), Gap Inc (GPS), Nordstrom, Inc (JWN)

There's a chill in the air and a slight up-tick in confidence. Holiday discounts are coming a bit earlier, too. For retailers, this has been a great combination, leading to the second consecutive month in which retail sales increased.

This follows more than a year of drops. Consumers aren't going crazy, but they are loosening their wallets a little bit. Consumer spending accounts for 70% of the U.S. economy, and the coming holiday season is where the action is -- for the retail sector and, consequently, for everyone else.

Continue reading Retail sales: Signs of life, but not yet a rising tide

Retail sales: Signs of life, but not yet a rising tide originally appeared on BloggingStocks on Fri, 06 Nov 2009 11:40:00 EST. Please see our terms for use of feeds.

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