Wednesday, April 15, 2009

Stores suffer big drop in March sales

NEW YORK (CNNMoney.com) -- Retail sales suffered an unexpected big decline in March which broke two straight months of improving sales, the government reported Tuesday.

The Commerce Department said total retail sales fell 1.1% last month, compared with February's revised gain of 0.3%. Sales in February were originally reported to have dipped 0.1%. Read More...