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Wednesday, March 17, 2021
Weather, checks, and comps.
Some market watchers may have been shocked by Tuesday morning’s February retail sales report.
The headline data showed sales fell 3% last month, the fifth-largest month-on-month decline dating back to 1992, according to data from Bespoke Investment Group. The only two worse months for retail sales declines came in 2008 and 2020 during the…
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