• Retailers report slowing sales gains for February
    By
     | March 08,2013
     

    NEW YORK ó Americans cut back on spending in February as cold weather and economic challenges chilled their appetite for spring merchandise.

    The nationís retailers on Thursday reported that sales slowed in February, a time when most stores get rid of winter merchandise and bring in swimsuits, ankle length pants and other spring fashions.

    But Americans spent more judiciously during the month as they contended with an increase in the payroll tax of 2 percentage points, income tax refunds that came later than usual and rising gas prices.

    Winter storms throughout much of the country in February also likely made spring merchandise less appealing to them.

    MORE IN World/National Business
    DALLAS ó Enjoy lower airfares while you can. Full Story
    Fares are cheap; airlines donít want them to stay that way
    WASHINGTON ó Nutrition facts labels on food packages are getting a long-awaited makeover, with... Full Story
    Makeover coming for food nutrition labels
    More Articles
  •  
     
    • MEDIA GALLERY 
    • VIDEOS
    • PHOTOS