Consumers Are Broke: 2014 Heading For Second Worst Retail Sales (Ex-Autos) This Century

The largest calendar segments of the retail universe are back-to-school followed closely by Christmas. The peak month for back-to-school is August which is usually the third or fourth biggest month of the year in terms of raw retail sales; with October right behind as Christmas retailing ramps up. September, which falls in between back-to-school and...
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