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Highlights
Chain stores reported disappointing sales in August, a month hurt by tropical storms at the beginning of the month and a hurricane at the end. Chains said customers are concentrating on non-discretionary items and pushing back purchases closer to need. Today's results point to a month-to-month decline in the non-auto non-gas category of next week's retail sales report which, however, will benefit from yesterday's very strong month-to-month bounce back in vehicle sales.
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