ICSC: Comparable retail sales down in March

03/25/2008 | Wall Street Journal, The

The ICSC-UBS Retail Chain Store Sales Index dropped 0.4% the week of March 22 and is expected to continue to be weak throughout the month, ICSC said. "The run-up to Easter was a mixed bag for retailers with stronger customer traffic, but muted apparel and spring-merchandise demand," said Michael Niemira, ICSC's chief economist.

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