By  on April 2, 2009

Retail shares rallied a strong 4.3 percent Thursday as the G-20 meeting of world leaders in London produced signs of at least temporary unity and a Deutsche Bank report said Kohl’s Corp., J.C. Penney Co. Inc., Macy’s Inc., Target Corp. and Wal-Mart Stores Inc. would pick up sales from failing competitors.

President Obama and other leaders of global powerhouses spoke forthrightly about the financial crisis and, to the surprise of some, managed to boost support for the International Monetary Fund by $1.1 trillion to help stabilize the global economy.

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