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Jump Analysis: 
Weak Retail Sales
Author: 123jump.com Staff
123jump.com
Last Update: 2:50 PM EDT April 06 2006



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April same store sales were generally disappointing. The worlds largest retailer Wal-Mart, reported 1.4% same-store sales rise in March, slightly above the 1.3% growth predicted by the company, but still the smallest increase in sales since April of 2005. Teen apparel retailers came under pressure, dragged by Abercrombie & Fitch, Pacific Sunwear and Hot Topic which posted flat to lower March same-store sales.

 

 

 

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