U.S. retailers optimistic for rest of 2011

U.S. retailers are raising their outlook predictions for the rest of year, coming off of stronger-than-expected profit report from major brands heading into the holiday season. Wal-Mart, Nordstrom, Macy's, Home Depot and TJ Maxx have all revised their outlooks over the last week.

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San Jose Mercury News (Calif.) (free registration)

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