Retailers Post Increase in March Sales, but Analysts Aren’t Celebrating Yet
After a winter of uncertainty, analysts are celebrating the increase in retailers’ March sales. The Thomson Reuters’ Same-Store Sales Index rose 9.1% last month to the highest level in the index’s 10-year history. Companies such as Kohl’s, Nordstrom, The Limited and Gap posted rising numbers, prompting some to say that its proof of an improving economy [...]
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