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CUPID'S FEBRUARY SALES ARROWS BARELY SCRATCH CONSUMERS; ANALYSTS ARE OPTIMISTIC THAT THE FIRST SIGNS OF SPRING WILL ALLOW RETAIL VOLUME TO BLOOM.(Brief Article)(Statistical Data Included)
From:
Footwear News
| Date:
March 12, 2001| Author:
LENETZ, DANA
| COPYRIGHT 2001 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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NEW YORK -- February may have brought the prospect of romance and chocolate hearts, but that didn't mean retailers felt the love from customers. As energy costs continued to inch up and the stock market yo-yoed, consumers tightened their purse strings and watched what they spent throughout the month.
What's more, unseasonably cold, wet weather also kept shoppers at bay, while those that did venture into stores found that a whittling-down of winter stocks prevented them...
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