By  on August 6, 2009

Most retailers probably are happy to have July, and, in fact, their second quarters, behind them.

The anxiety-building trend of steep comparable-store sales declines continued for most chains last month and made for a weak ending for most retailers’ second quarters. But the drops were no worse than in June and investors are still looking ahead to the holiday season, betting stores can improve on last year’s dismal performances — if for no other reason than the comparisons will become easier.

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