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Retail sales bounce back in October in positive sign for holiday season

2014-11-15 06:38:52| Grocery - Topix.net

An employee stocks bottles of wine at a Whole Foods Market in Dublin, Ohio, on Nov. 7. A 0.3% rise in retail sales last month after a September drop bodes well for a strong holiday shopping season Retail sales bounced back last month after a disappointing September drop, providing positive consumer-spending momentum heading into the holiday shopping season. Lower gasoline prices helped put consumers in the spending mood, said Jack Kleinhenz, chief economist at the National Retail Federation.

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