By  on April 6, 2009

Retail stocks rose 5.8 percent last week, supported by readings of consumer confidence and the job market that were negative, but no worse than feared.

The same kind of proportionality — if retailers are lucky — could apply to comparable-store sales reports this Thursday. Some chains are expected to show signs of stabilization in March, as well as a benefit from the timing of Easter, and even if the numbers aren’t actually good, the absence of downright bad results might be enough to send stocks higher.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus