BJ's, Costco and Sam's Club Lead Sales May 08, 2:48 PM EDT |
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| Discount and warehouse club sales gain in April lead all other retail chains as more consumers look for discounts. |
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| April same store sales reported by retailers were better than forecasted by analysts. However, the pattern of consumers shifting the spending to discount chains and warehouse clubs was prominent in the data. BJs, Costco and Wal-Mart led the rise in same store sales after adjusting for calendar days, fuel sales and currency. TJX and Abercrombie & Fitch led the sales gains in apparel chains. |
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