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May 03, 2006

Confidence In April Comps

April’s same-store sales are expected to rise between 6 percent and 6.5 percent, according to the International Council of Shopping Centers.

The rise would be the largest year-over-year gain since the 7 percent increase recorded for March 2004.

It appears that rising oil prices and inflationary worries are doing little to deter consumer spending, the ICSC noted.

Posted by Blacks on May 3, 2006 08:16 AM

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