Retail stocks up; Gymboree jumps on sale rumor

Retail stocks up; Gymboree jumps on sale rumor

October 1, 2010, 9:48 am

[at MarketWatch] - Retail stocks rose on Friday as a Federal Reserve official said further action is likely to be coming from the U.S. central bank to bolster the U.S. economy. Meanwhile, the Commerce Department said incomes grew faster than spending in August, pushing up the country s personal savings rate.