By and  on March 27, 2014

Retail stocks declined for the seventh consecutive session, pulling back 0.4 percent as the major U.S. indices suffered smaller losses.

The S&P 500 Retailing Industry Group declined 3.92 points to 883.26, putting it 5 percent below its 929.86 on March 18, its last day of gains. Retail stocks are now down 6 percent for the year as investors adjust to the uncertain climate for retail sales that has been evident since Thanksgiving weekend.

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