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June's Last Week the Strongest in 5 Months

Stock quotes in this article: WMT , CHIC , GPS , PSUN , ANF , JCG  

Not enough credit is given to pent-up demand.

As today's retail figures show, shoppers clearly have been itching for summer, and warmer weather last week gave them a push to buy some seasonal goods.

Retail sales overall grew 1.6% for the week ended June 27, according to the International Council of Shopping Centers and Goldman Sachs. The week marked the strongest gain since Jan. 31. ...

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