Retail same-store sales may have been solid, but the general lack of Q2 guidance gives reason...

|By:, SA News Editor

Retail same-store sales may have been solid, but the general lack of Q2 guidance gives reason for pause. With unemployment and low wage growth still weighing on consumers, and clothing prices about to move higher due to rising cotton prices, most retailers decided to play it safe. Macy's (M +5.5%) was one notable exception.