BUSINESS
03/28/2008 02:45 am ET | Updated May 25, 2011

Retailers Lower Forecasts Amid Bleak Sales Reports

Retailers are in for a rough fall.

Across the board, big chain stores reported bleak September same-store sales this morning. As a result, more than a dozen retailers, from Nordstrom to Target, warned of lower-than-expected profits for the third quarter.

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