Retailers gang up on the weather to justify slow sales

Published May 25, 2018 4:00am ET



Retailers have a common scapegoat to justify slow sales and missed earnings targets this quarter: Blame the weather.

Despite the industry posting positive growth across several sectors in the first part of the year, some retailers have failed to meet earnings expectations for the quarter. When it comes to the reasons why, there are several, including growing pains as companies seek to try to adjust their business to compete against Amazon.

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