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RETAILING

* Federated Department Stores Inc. said its profit rose 28% for its fiscal second quarter, to $137 million, or 61 cents a share, beating estimates of 57 cents, with help from a strong U.S. economy. The operator of Macy’s, Bloomingdale’s and other chains said its sales for the period ended July 31 jumped 17% to $4.11 billion. Sales at stores open at least a year rose 5.9%. The retailer also said it kept down costs.

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