Seeking Alpha

Retail watch: Here comes the Easter excuse

  • Retail traffic slowed 1% during March with a shift of Easter to later in the calendar a factor, says research firm Euclid.
  • Analysts say the slow month sets up April as the make-or-break month for pent-up shopper demand to be unleashed as warmer weather finally prevails.
  • A strong report from Costco on March sales is one of the few signs in the sector that momentum could be building.
  • ICSC expects April retail sales to improve 3.5% to 4%.
  • Related ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, PMR, RCD, PEZ, PSCD
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