By  on September 3, 2014

Pent-up demand for back-to-school merchandise helped propel sales to their largest increase in more than two-and-a-half years last week.

The International Council of Shopping Centers and Goldman Sachs index of chain store sales ballooned 4.8 percent in the week ended Saturday versus the comparable week of 2013, its largest increase since the final week of 2011.

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