War Clouds, Unemployment Affect Apparel Sales in Feb

US retailers Thursday reported disappointing February sales, partly due to war threats and rising unemployment in the United States. For its part, Gap Inc. confirmed its dramatic recevery, however.

A large series of US retailers reported a decrease in comparable store sales in February. Even discounters suffered from the decline in consumption in the United States.

Target said that same-store sales were down 1.4 percent, lower than expected by US financial analysts. Kohl's Corp announced a 4.6 percent decrease in comparable sales.

Wal-Mart reported a slight rise in same-store sales, lower than its previously announced target.