While restaurants logged an increase in transactions in August, average checks declined because of heavy discounting, according to First Data, a payment card processing firm. Solid back-to-school shopping activity led to growth in the number of transactions across several retail sectors last month, as well as a jump in the use of credit, First Data found in its “August 2010 SpendTrend” report. Same-store dollar volume for spending in all retail sectors grew 7.9 percent last ...
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