30.06.2016 16:14:00
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Moody's: Outlook for US retail industry changed to stable from positive
New York, June 30, 2016 -- The outlook for the US retail industry has been changed to stable from positive, Moody's Investors Service says. The rating agency has revised its 2016 forecast for US retail sales downward, and accordingly also its expectations for retail operating income growth. A modest improvement in sales and operating income is expected next year.