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NRF: May retail sales jump 4.8% year-over-year
Washington, D.C. -- The National Retail Federation reported Thursday that retail sales in May increased 0.6% seasonally adjusted from April and rose 4.8% unadjusted year-over-year.
The results, which excluded automobiles, gas stations and restaurants, were boosted by improved consumer confidence and spending.
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Retailers steel themselves for Superman reboot
Retailers are poised to benefit from the June 14 release of The Man of Steel and the extensive licensing activity connected to the latest Superman reboot. Warner Bros. Consumer Products has launched a broad, multi-category licensing program with a variety of global licensees to support the highly anticipated film.