Summary Box: March retail sales rise

Published April 5, 2012 6:00PM (EDT)

THE NEWS: Retailers from Target to Macy's reported better-than-expected sales in March, buoyed by warm weather, high demand for spring fashions and easing economic worries.

THE CONTEXT: Overall, revenue at stores open at least one year — an indicator of a retailer's operating performance because it excludes results from stores that opened and closed during the year — rose 4.1 percent, according to the International Council of Shopping Centers.

WHAT'S NEXT: Analysts say a more accurate picture of Americans' spending will emerge after April because an earlier Easter holiday this year likely pushed some sales into March.


By Salon Staff

MORE FROM Salon Staff


Related Topics ------------------------------------------