Retailers Remain Cautious in Outlook

CHICAGO — Retailers overall remain cautious and most are predicting near-term economic stagnation, but a recent survey shows that some are becoming more optimistic about economic conditions.

Following a better-than-expected back-to-school season, retail chief financial officers surveyed by BDO USA here are projecting a 4.5% increase in total 2012 sales and a 3.6% gain second-half comparable-store sales. While 57% of respondents in the BDO Retail Compass Sur

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