U.S. Retailers Forecast a 1.4% Increase in Comparable Store Sales This Holiday Season
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The retailers surveyed do have a positive outlook for the coming year. Sixty percent of CMOs from the top 100 retailers surveyed say they expect to see a meaningful turnaround in the economy by the second quarter of 2010. The vast majority of the retailers (77%) and nearly all of the retailers in the top 100 (85%) predict a turnaround before the third quarter of 2010.
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