By and  on March 5, 2009

The trend in same-store sales thawed slightly last month, but upper-end retailers didn’t feel the warmth.


Retailers on Thursday generally reported lower comparable-store sales for February, but decreases moderated slightly from the levels of recent months and were often better than the stores and analysts had expected. However, the results, anchored by a strong performance by Wal-Mart Stores Inc., were kinder to discounters and off-price stores than they were to department and specialty ones.

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