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Sunday, Feb 25, 2024

Retailers report weak June sales

NEW YORK — Escalating job worries and rainy weather dampened shoppers’ appetite for buying summer staples like shorts and dresses, resulting in sharper-than-expected sales declines for many merchants in June and increasing concerns about the back-to-school shopping season. As retailers reported their monthly figures Thursday, the weakness cut across all sectors but to hit clothing stores particularly hard. For the full story click here

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