Chain Store Sales Down 3.7% in 1st Week of April
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From Reuters
U.S. chain store sales fell in the first week of April as cooler weather slowed demand for spring apparel, a report said.
Sales in April were down 3.7% compared with March. Sales at major retailers rose 1.7% on a year-over-year basis for the week ended Saturday, Redbook Research said.
The data are compiled from a sample of same-store sales at general merchandise retailers representing about 9,000 stores.
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