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Retail Sales Plunge A Record 8.7% In March As Coronavirus Crisis Freezes U.S. Economy
April 15, 2020

The numbers: The onset of the coronavius pandemic triggered a record 8.7% slump sales at U.S. retailers in March as large swaths of the economy shut down — and there’s no light at the end of the tunnel.

Sales fell for the second month in a row in what’s likely to be a prolonged period of agony for an industry that still relies heavily on foot traffic and customers bunched together when they shop.