By and  on January 22, 2014

Retail shares posted declines on Wall Street today as Coach Inc. became the latest fashion firm to report softness in its North American stores.

The S&P 500 Retailing Industry Group drifted down 0.2 percent to 909.84, putting its declines for the year so far at 3.2 percent. The S&P 500 managed a 0.1 percent advance, to 1,844.86, while the Dow Jones Industrial Average fell 0.3 percent to 16,373.34.

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