BUSINESS
12/28/2010 10:09 am ET Updated May 25, 2011

Retail Sales Jump More Than 5 Percent For Holidays, Report Says

Shopping is back in style, at least for the holiday season.

Retail sales for the holidays soared by more than 5 percent, according to two reports released Monday, led by online and clothing purchases. The preliminary reports, among the first tallies of the holiday shopping season, beat the estimates of most retail economists.

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