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Thursday, Apr 11
Retail watch: Due to the timing of Easter and a slow start to the spring selling season a...
Retail watch: Due to the timing of Easter and a slow start to the spring selling season a two-month snapshot of sales covering March and April is appropriate before drawing major conclusions, according to analysts. Retailers looking for a March surge in home and garden (HD, LOW, TGT, WMT) spending and spring clothing purchases expect April to make up some of the slack. Of the 14 retailers reporting March numbers today, comparable-store sales averaged a 0.6% gain with Costco (COST) and Ross Stores (ROST) standing out as outperformers.