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Retailers see biggest spike in sales since 2011

Report shows holiday sales are up 4.9%, as shoppers continue spending right up until the last minute

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High employment, strong consumer confidence and robust disposable income have boosted retail spending.

Washington

CONSUMER confidence, robust online shopping activity and a slew of procrastinators helped boost holiday retail sales this year to record-setting numbers, preliminary reports show.

Holiday sales increased 4.9 per cent over the previous year, marking the largest year-over-...

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