Sales at department stores, discount chains down in March: data
Apr 8, 2015
Sales at local department stores and discount chains fell in March from a year earlier, government data showed Tuesday, fueling worries that consumer spending remains weak despite some signs of economic recovery, According to data from the finance ministry, department store sales dropped 5.4 percent on-year last month, while discount chain sales shrank 7.4 percent. Department store and discount chain sales contracted on-year from September through January, before rebounding in February, helpe