Lukewarm Retail Blamed on Weather Chill

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Cold weather and job jitters trumped lower gas prices in March- as consumers held off shopping at some of the nation's biggest chain stores. Same store sales up just 1.9 percent in March- the worst showing since September of 2009 for retailers. And it's tough to forecast if the consumer will warm up when the weather does. Mike Niemira is the Chief Economist at the International Council of Shopping Centers.