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Retail read: Cautious spending by consumers in April

May 07, 2015 2:25 PM ETXLY, RTH, VCR, IYC, IYK, PMR, XRT, RSPD, SZK, SCC, UGE, UCC, FXD, RETL, FDISBy: Clark Schultz, SA News Editor
  • Though store traffic and in-store engagement rose in April, a cautious spending trend held back retail sales, according to Euclid Analytics.
  • The research firm estimates sales were down 2.1% for the clothing/accessories category and slipped 1.6% in the general merchandise category.
  • Storefront conversion (traffic into stores) rose 60 bps Y/Y and 50 bps Q/Q in April as promotions were dialed up in the sector.
  • The bounce rate of shoppers (visits less than 5 minutes) fell to a 12-month low during the month.
  • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, FDIS, SCC, UCC, RCD, PMR, UGE, SZK.

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