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March quarter retail sales data may disappoint

Xero shares led the market higher last week

Jenny Ruth
Mon, 15 May 2017

Retail sales figures due this week risk disappointing the market in the same way weak retail sales data in the US on Friday led to a hammering of retail shares.

US retail sales rose a less-than-expected 0.4% in April as lower-than-expected same-store sales at JC Penny pushed its shares down 14%

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Jenny Ruth
Mon, 15 May 2017
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March quarter retail sales data may disappoint
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