Sunday, May 27, 2007

April Same Store Sales Final Tally: 79% Miss Expectations

From seeking Alpha:

Most retailers announced April same-store sales Thursday. According to Thomson Financial, 79% of them missed expectations. We'll start with the winners:

The article provides a list of the major retailers. It's not pretty.

We have to watch retail sales very closely over the next few months to see about the consumer's overall health.