Costco, other retailers miss June sales estimates

Costco and other retail chains on Thursday reported June sales that missed Wall Street's lowered expectations as persistently high unemployment and falling consumer confidence took a toll on spending. Smaller chains like Cato Corp, and teen apparel chain Wet Seal Inc and The Buckle Inc also reported sales at stores open at least a year that came in below estimates. Costco Wholesale Corp reported a companywide 3 percent increase in same-store sales, below estimates of a 3.7 percent gain, hurt by

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