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May 04, 2006

Spring Sales Soar

April sales figures are in, and as expected it was a banner month for many retailers.

Easter came late this year and as a result, holiday sales were pushed into April. Winter’s stormy skies finally gave way to some sunshine and consumers shrugged off high oil prices and headed to the mall.

Mid-market retailers such as Guess and Bebe reported significant gains – 22.6 percent and 14.6 percent, respectively. Talbots rang in a 10.8 percent increase in same store sales, while Ann Taylor Stores posted a 10.9 percent rise.

Posted by Blacks on May 4, 2006 04:20 PM

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