Big Deals And More-Hopeful Shoppers Deck The Malls With Holiday Joy So Far
Retail spending heated up in November as shoppers warmed to savory deals, giving stores a strong start to the holiday with sales gains that smashed views Thursday. The results lifted already-bright prospects for a solid Christmas season and raised hopes that consumers may well be gaining more confidence in the economy. Sales at stores open at least a year rose 5.3% from a year ago, says Ken Perkins, president of Retail Metrics. Wall Street
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