Same-Store, Net Sales Up Y-O-Y in December

Driven by heavy promotional activity and a strong finish to the year, total net sales for the 23 retail chains tracked by RetailSails rose 5.6% in December 2011 as compared to the previous year, reaching $54 billion for the month. Same-store sales in December rose 3.6% year-over-year, marking the 28th straight monthly gain after 12 consecutive months of decline.
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