June a Washout for Most Retailers
July 8th, 2009
Wet, chilly weather in much of the country — certainly the northeast — in June contributed to another poor showing for same-store sales, which are expected to be down by 4.8%, the same rate of decline as in May, when retailers report results tomorrow. The drop would mark the 10th straight month of same-store-sales declines, the longest since Thomson Reuters began collecting the data in 2000. Dow Jones Newswires via The Wall Street Journal July 7, 2009
Tags: June Same-store Sales