June’s Weak Retail Sales Darken Outlook for Back-to-School

Date: Jul 06 2012

Filed under: Macy’s, Nordstrom, Target Corp, Costco, Saks, Retail

June’s tepid retail sales numbers are already casting a pall over the industry’s outlook for autumn — and they may bode ill for the winter, too.

Though right now, we’re all thinking more about the broiling heat of midsummer, July is when back-to-school shopping season launches — a key period for the nation’s stores. And back-to-school, in turn, often sets the tone for the biggest shopping spree of the year: the winter holidays.

Sales for the 20 chains in the Thomson Reuters same-store…

June’s Weak Retail Sales Darken Outlook for Back-to-School originally appeared on DailyFinance.com on 2012-07-06T14:39:00Z.

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