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Retail Sales Continue to Disappoint as Consumers Shift Spending

Sourcing Summit NY — Join us on Oct. 17 for the must-attend apparel supply chain conference.

Are consumers spending or not? Retail sales fell 0.2 percent in February, but the January sales report was revised higher with growth now at 0.7 percent from the initial 0.2 percent level reported. While non-store retailers such those in the e-commerce channel were up 0.9 percent and sporting goods and hobby retailers were up 0.5…

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