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(Image from article: "July Remained Sluggish for Retailers")

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July Remained Sluggish for Retailers

July Remained Sluggish for Retailers

Mall-based chains continue to be hit hardest as consumers focus on necessities, but the warehouse club operator Costco’s results also missed analyst estimates.

 

June Is Another Weak Month for U.S. Retail Sales

Rain and rising unemployment dampened sales for retailers already reeling from consumers’ new frugality.

 

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