By  on June 24, 2014

U.S. retail sales last week posted their strongest year-on-year advance since last June and also rose on a sequential basis.

According to the weekly chain store sales survey of the International Council of Shopping Centers and Goldman Sachs, sales during the week ended June 21 rose 4.1 percent versus the comparable 2013 week and were up 2 percent from their level during the prior week.

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