By  on March 4, 2014

Retail sales rose on both a sequential and year-on-year basis last week as promotions led consumers to pick up the pace of purchasing, particularly in department stores and online.

The International Council of Shopping Centers and Goldman Sachs reported that chain-store sales during the week ended Saturday rose 0.3 percent from the prior week and 1.5 percent over the comparable week in 2013.

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