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Retailers Suffer Sales Slump During Month Of June, As Shoppers Cut Back

Retailers Suffer Sales Slump During Month Of June, As Shoppers Cut Back

NEW YORK – JULY 09: The Abercrombie & Fitch flagship store is seen July 9, 2009 in New York City. Abercrombie & Fitch Co. posted a 32 percent drop in same-sale stores in June. Retail sales were lower at many clothing retailers in June, as the downturn in the economy and poor weather in the Northeast kept shoppers away from summer apparel purchases. (Photo by Mario Tama/Getty Images)

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