Store Visits Drop in North America for First Time in 10 Weeks
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Consumers pulled back from visiting stores in the U.S. and Canada last week, a new setback for retail’s tentative recovery amid coronavirus flare-ups.
After more than two months of improvement, retail traffic worsened for the week ended July 3, down nearly 52% from the same period a year ago, according to location-data provider Prodco Analytics. That was down from a roughly 50% decline the week prior and erased gains made since mid-June.