date:Aug 19, 2013
unexpectedly fell 0.3 percent last quarter, a second decline in a row, prompting the world's largest retailer to lower its sales forecast for the year.
Last week, a group of U.S. retailers including Costco Wholesale Corp and Gap reported modest gains in July same-store sales, thanks largely to bargains.
Adding to the pressure, Macy's said many shoppers are redirecting their spending to their cars, housing and home improvement.
Automakers reported a 14 percent U.S. sales increase in July from