Shoppers favored department stores in July

08/9/2011 | Investor's Business Daily

Department store chains from Nordstrom to Macy's saw sales increases in July, with upscale chains leading. The sector has been on the rise since the second half of 2009; last month, Saks reported a 15.9% increase in same-store sales, Dillard's booked a 9% jump, and Macy's saw same-store sales rise 5%.

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