august retail sales

Retail sales were up in July, a rare bright spot among dim economic indicators. But consumers and investors being the way they are, the question on everyone's mind immediately becomes: Can August keep up the pace? We found out what the experts are saying.

Despite heat waves, penny-pinching parents and a weak job market, most retailers posted solid sales in August. They benefited from better inventory control -- giving local stores more say in merchandising -- and well-timed promotions.