Sunday, August 26, 2012

Booking retail profits on back to school

With the lazy days of summer vacation dwindling, investors are starting to take a closer look at which U.S. retailers could pull ahead in the back-to-school shopping season. Photo: CorbisIt's an annual event that spurs an estimated $83.3 billion in spending, according to the National Retail Federation, a figure that rivals only holiday shopping in terms of importance. This year the school shopping frenzy comes with an added twist. J.C. Penney, the third-biggest U.S. department store, according

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