Retail sales falling short of target
August 30, 2005,
NEW YORK -- The Johnson Redbook Retail Sales Index was up 3.4 percent in the fourth and final week of August, lowering the month-to-date increase to 3.7 percent against a targeted 3.9 percent gain.
In anticipation of Hurricane Katrina, consumers in Florida and other affected states made a run for food, water, batteries and other emergency supplies, with discount stores and hardware stores being the main beneficiaries, she said.
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