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Redbook: Retail Sales Grew 4.5% in Week Ended Nov. 24

Retail sales soared 4.5% in the week ended November 24, after a 1.8% increase in the prior week, according to the weekly retail sales report released by Johnson Redbook Tuesday.

November was up 2.2% from November 2011 (relative to a target of a 2.1% gain), while sales rose 0.8% when compared to October (relative to a target of a 0.7% gain).

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