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(Update adds same-store sales chart, ICSC data and stock prices.)
It was a mess of a month (or, should we say, a miss of a month) for retailers, with at least a dozen of the retailers reporting June same-store sales on Thursday missing expectations.
Overall June same-store sales tumbled 5.1%, according to the International Council of Shopping Centers. The group expected a decline of 4.5%.
Wet weather through most of the month contributed to the soggy results, but on the whole it appears that June reiterated what we already know: consumers are still not spending.
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