US retail slowdown continues

The US chalked up 3.4% growth in retail sales during the all-important fourth quarter of 2007, according to industry researcher Retail Forward and the US Department of Commerce. Now for the bad news, the number represents the weakest retail performance in the past five years, down from a 4.6% hike in 2006 and big 7.4% bump in 2005.
By
January 25, 2008

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About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com
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