By  on June 6, 2014

The belated arrival of spring released some pent-up demand and helped produce sales gains in May, but the remnants of high first-quarter inventories are serving as a potent reminder of retail’s uncertain state.

The small sample of stores that continue to report monthly comparable sales registered better-than-anticipated results for May, even weighed against strong year-ago numbers. Excluding drugstores, Thomson Reuters put the median change for the month at plus 4.6 percent, a full point above expectations.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus