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Kmart November Same-Store Sales Rose 3.3%



said November same-store sales rose 3.3%, as customer traffic increased.

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Net sales for the four weeks ended Nov. 22 rose 2.2% to $2.93 billion from $2.87 billion in the year-ago period.

The Troy, Mich., retailer said it is "comfortable in achieving our primary goal of reducing inventory by $1 billion during the current year.''