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May Retail Sales Jumped 17.7%—and Apparel Saw Even Bigger Gains

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Consumers showed signs of mounting a spending comeback in May, driving monthly retail sales up 17.7 percent from April’s precipitous drop. May’s climb still falls 6.1 percent short of year-ago numbers, despite the otherwise positive development. But clothing companies have even more reason to cheer: apparel stores saw sales jump 188 percent in May to…

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