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Retail sales news February 22, 2011

Posted by Sean Tufts in Articles, Research/Data, Retail News.
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Good news for Seattle retail market:

Roughly half of America’s major markets added retail-sector jobs during the past year; Seattle ranked No. 4. Phoenix and Washington, D.C., set the national pace, respectively picking up 10,400 and 10,200 retail positions during the 12-month period. Rounding out the top five were Boston (up 5,000 retail jobs), Seattle (up 4,800) and Miami-Fort Lauderdale (up 4,500).”

Read more: Seattle picks up 4,800 retail jobs; 4th-best in U.S. | Puget Sound Business Journal

It is still hard to imagine how we could be talking about a record:

Since the retail industry has enjoyed virtually uninterrupted growth, the $2.47 trillion total sales for 2011 would represent a record and reflect a continuing recovery since sales dropped 2.7% in 2009 during the depths of the recession. The figures, from the National Retail Federation, don’t include auto, gasoline and restaurant data.”

Read More: US Retail Sales Expected To Show Solid Growth Despite Challenges

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