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Apparel Leads the Retail Sales Party

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Consumers are in a spending mindset, and they’re on the hunt for new threads. U.S. retail sales rocketed in March, soaring to a seasonally adjusted 9.8 percent, or $619.1 billion, from February. That jump represented the steepest increase since last May when nonessential retailers began reopening their doors. March’s gains weren’t as high as the…

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