And Darden Restaurants Inc., which operates Olive Garden and Red Lobster restaurants, expects earnings that are short of Wall Street expectations and said customers were turned off by a $1 increase for Red Lobster's dish "Festival of Shrimp."
Given growing uncertainty about the economy, Michael P. Niemira, chief economist at The International Council of Shopping Centers trade group, on Tuesday trimmed his sales forecast for June by a 0.5 percentage point.
He now expects revenue at stores opened at least a year to be up 3 percent to 3.5 percent. That follows a 4 percent rise in May.
AP Economics Writer Chris Rugaber contributed to this report in Washington.
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