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Post by bot on Jan 27, 2012 7:49:22 GMT -5
Japan retail sales rebound in December from MarketWatch.com - MarketPulse LOS ANGELES (MarketWatch) -- Japanese retail sales rose in December, snapping back from November losses, but large retailers reported a fifth month of lower revenue. Last month's overall retail sales rose 2.5% from a year earlier, the Ministry of Economy Trade and Industry reported Friday, while sales at large-scale retail stores slipped 0.4%. In November, overall sales fell 2.2%, while large retailers saw a 2.5% drop. Shares of large retailers were mixed following the data, with J. Front Retailing Co. and Fast Retailing Co. down 0.8% and 1.2%, respectively, while Takashimaya Co. rose 0.9% and Aeon Co. was flat.
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