Chain store sales rose 0.7% in the week ended Nov. 10, and grew at a 1.8% pace year-over-year, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.

"Overall weekly sales rebounded as grocery-store sales got at lift in the aftermath of Hurricane Sandy as consumers seemingly began to restock, according to the ICSC-Goldman Sachs consumer tracking survey," said Michael Niemira, ICSC vice president of research and chief economist.  "With Black Friday getting closer, retailers and consumers alike will begin to focus on extended store hours, bargains, specials and holiday-gift buying, which should provide a lift to end of the month," Niemira added.

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