Retailers Delivering Grim Forecasts for Rest of 2013

The Wall Street Journal
August 15, 2013 AT 10:50 AM
Major retailers, including Wal-Mart, which reported second-quarter sales that grew more slowly than expected, have issued negative for the rest of the year, blaming high gas prices and the 2% payroll tax. Shelly Banjo reports on MoneyBeat. Photo: Getty Images.