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June 27, 2012 5:00 AM

The Grapevine (June 30)

July is all about clearance. Retailers next month will be scrambling to offload “small, piecey stuff” to clear space for autumn shipments, says Dan Butler, VP of retail operations for the National Retail Federation. Plus, “people are usually going on vacation in the summer months, so retailers really have to promote their values strongly to get their customer in the door.”

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