By  on May 7, 2009

For Federal Reserve chairman Ben Bernanke, it’s “green shoots.” For retailers, the new buzzword is “stabilization.”


While business remains challenging for most stores and no one is expecting a massive turnaround anytime soon, there are signs the worst may be coming to an end. The stock market is seeing relatively consistent gains, housing sales in some of the hardest-hit markets are simmering again and retailers from Wal-Mart Stores Inc. to J.C. Penney Co. Inc. to Casual Male Retail Group Inc. and Claire’s Stores Inc. point to a slight uptick in sales this spring that could be the first signal of better times ahead. Further signs are expected today when retailers release comparable-store sales.

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