Sales continue to slide as consumers fret about future
March 12, 2003,
New York — With consumers still fatigued by war talk and increasingly worried about the economy and the job market, same-store retail sales skidded down during the first week in March, slipping by 0.7 percent, according to the Redbook Retail Sales Average.
And curdling hopes of a retail recovery any time soon, sales are expected to remain soft throughout the rest of the month, hampered by a late Easter holiday that will pull sales into April.
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