Retail employment grew by 18.2K M/M and 229K Y/Y in March, according to estimates from the National Retail Federation.
Retailers are prepping for a little bit of a snapback in store traffic in Q2 which they hope will help ease pricing and inventory pressures.
Though the winter weather was worse than normal across much of the U.S., there are plenty of execs who have been sounding the warning bell that store traffic trends are in decline due to shifts in consumer behavior - not snow and ice. Q2 could settle the debate.
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