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Mother Nature: No Friend to Retailers in June (Updated)

Stock quotes in this article: WMT , TGT , GME , WAG , RAD , ARO , ODP  

Stock prices updated.

Why does Mother Nature hate U.S. retailers? If only we could ask her.

Regardless, soggy weather is making retail sales even damper, with sales in the third week ended June 20 flat from the week prior, according to the International Council of Shopping Centers and Goldman Sachs.

Meanwhile, nationwide precipitation was 93% above last year's levels and 43% above its long-term average, according to Weather Trends International. And if there's one thing retailers love to blame for their woes, it's the weather. ...

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