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Retail Earnings: Can the Uptrend Continue?

After a holiday season that marked a return to some form of normalcy, merchants are bracing for a year of mild sales growth and more stable operations. Whether that momentum holds is an open question, given the state of the housing and job markets.

Robust Retail Sales Lift Merchants' Holiday Spirits

The holiday shopping season is off to an even better-than-expected start. New government figures show November totals rose 0.8% from October and 7.7% from November 2009, supporting retailers' recent view that the recession is finally losing its hold on shoppers.