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February’s Clothing, Footwear Spending Dips, With Dramatic Drops Seen for March

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

In the early days of the coronavirus scare in the United States, the impact on what type of goods people were going to buy and how much they were going to spend started to creep into the national psyche, according to data released Friday by the Bureau of Economic Analysis (BEA). Consumer spending on clothing…

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