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Archive Home > 2010 > February > 24 > Retailers’ profits rise, but spending is weak

Retailers’ profits rise, but spending is weak


February 24, 2010

CHICAGO — A fleet of the nation’s biggest merchants reported mostly better fourth-quarter profits Tuesday.

The improvements at Target, Sears and Macy’s are mostly a results of stocking holiday shelves cautiously and managing markdowns.

But the rosier results mask a tough reality. To keep up that....

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