By 12.3 % and head of research for ICSC.In fact, many observers have pointed out that comparing the sales figures will be better during the remainder of the year, noted because they are compared to the same period last year, when sales fell off a cliff the credit crisis hit home.
Weekly.. An exception was Kohl’s Corp. It eked out a comparable sales increase of 0.2 %, followed by its revenue growth in the markets of the defunct Mervyn the chain in the southwest. Where several countries withdrew their August sales tax holiday helped cleared.
And many retailers also reported better than expected results for the second quarter last month. Lower lower earnings, beating Wall Street expectations due to many businesses stock as cost reduction. Continue reading