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First-week sales bode well for retailers this month.
Same-store sales grew by 6.2 percent for the week ended July 6, according to Econoday's Redbook — up from the previous week's strong pace of 5.5 percent. Retail sales for June will be posted by the Census Department next Tuesday amid early expectations for moderate strength.
By Brannon Boswell
Executive Editor, Commerce + Communities Today
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