Analysts See Big Profit Growth For Vipshop, 58.com

By | June 13, 2014

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Retail industry groups have not been in a favorable light recently amid an environment of spotty retail sales. On Thursday, the Commerce Department reported that sales in May surprisingly slowed. Many retail groups rank well near the bottom of the 197 groups tracked by IBD. The Retail-Internet group is one of those lowly rated group. It ranked 133 Friday, but that’s up from 155 three weeks ago. Despite the weak ranking, the group is home to some Scalper1 News

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