NEW YORK (TheStreet) - Last month's two-week government shutdown didn't seem to deter consumers from shopping.Though retail observers warned of a possible pullback, October sales grew compared to the same month in 2012, according to figures published by many of the country's largest retailer on Thursday.Analysts were quick to point out that retailers used aggressive promotions to lure otherwise frugal shopper into their stories. October same-store sales beat Wall Street expectations, registering 4.4% growth compared to an estimate of 3%, according to data compiled by Thomson Reuters.
Comment on What Shutdown? October Retail Sales Beat Froecasts
twocents@thestreet.com (Laurie Kulikowski), The Street
Thu, 11/07/2013 - 2:51pm
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