Thursday, April 7, 2011

Retail Market Improves

Did you have a strong March? So did others in the retail market. "Shoppers shrugged off higher gas prices and cool temperatures to give retailers a surprisingly strong March," according to the HuffintonPost. "The retail revenue figures released Thursday extend the streak of solid spending from late last year and indicate that recent job growth is tempering worries about higher pump prices. A broad range of stores from Costco Wholesale Corp. to Victoria's Secret parent company Limited Brands Inc. reported revenue gains that handily beat Wall Street expectations. Target Corp. reported a smaller decline than Wall Street expected."

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