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Same-Store Sales Likely to Climb 4% in August

From Bloomberg News

Sales at U.S. retailers probably rose 4% in August as shoppers preparing for a new school year bought backpacks and jeans.

The International Council of Shopping Centers, which tracks results at about 75 chains, affirmed its month-old estimate for the gain at stores open at least a year. Most retailers will report same-store sales Thursday.


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