April 2012 National Retail Sales Results
You’re seeing more quarterly sales results as the industry shifts away from monthly releases. Oddly, shareholders aren’t objecting.
April nationwide retail sales results evidence both calendar shifts and seasonality. Though the consumer continues to spend across virtually all retail segments overall comp store increases were modest. Broad-based sales for the combined two months of March and April were still up 2.4 percent.
Value continues to sell, with TJX Cos., parent of Marshalls, T.J. Maxx and HomeGoods, reporting that comp store revenues rose 6.0 percent in April, beating Wall Street's 4.0% forecast. Zumiez continues strong results with a 10.1% increase.
Nordstrom led department stores with a 7.1% increase while Macy's posted a 1.2 percent increase in April, only .7% below analysts expectations. And there are still signs that the economy is improving. An example, the Labor Department reported on Thursday that the number of people seeking unemployment benefits fell last week by the most in more than three months. Good talent is employed.
More than ever, I encourage you to get to know our Directors in the below areas. They deliver remarkable experience and capability, along with the best talent.
Retail Field Operations
Merchandise Buying and Global Product Development
Merchandise Planning & Allocation
Retail Finance & Accounting
E-commerce
Human Resources
Click here for April National Retail Sales Results
