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Thursday, April 06, 2006

Retailers Report Disappointing Sales in March

by Calculated Risk on 4/06/2006 08:24:00 AM

The AP reports: Nation's Retailers Report Disappointing Sales in March on Cooler Weather, Later Easter

Cooler temperatures and a later Easter gave consumers little incentive to shop last month and left retailers with tepid sales for the second month in a row.
...
"So far, it looks like consumers didn't shop in the month of March," said Jharonne Martis, an analyst at Thomson Financial. "Basically, the results were mixed to disappointing."