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Retailers preparing for difficult spring season

Retailers preparing for difficult spring season

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NEW YORK - Spring looks bleak for the nation's retailers. After robust sales in March, there are signs that consumers are already spending less. Rising gas prices, a rougher housing market and the specter of higher interest rates - are likely to make the retail business even tougher in the months ahead.

Although many stores reported Thursday that they had surpassed expectations last month, several warned of upcoming disappointments.


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