Chain Store Sales Up in the Latest Week

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U.S. chain store retail sales rose in the latest week, as consumer traffic increased, a retail report said on Tuesday.


Sales rose 0.5 percent in the week ended April 30, compared with a 0.3 percent decline the previous week, the International Council of Shopping Centers and UBS said in a joint report.


Compared with the same week a year ago, sales momentum softened to a 3 percent increase after a 4 percent rise the preceding week.


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