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May 07, 2010
Low April Sales Numbers Manage To Provide Comfort
By : Doug Caverly
Yesterday morning, what we're about to discuss would have looked like bad news, and even now, it's not exactly great. But following the Dow's 1,000-point plunge yesterday afternoon, people in the sales business may still find it a relief to know that April retail sales numbers showed small declines in spending.

Here's a dataset put together by Sy Harding: "Teenager favorite Aeropostale (ARO) reported its April sales fell 5%; Abercrombie & Fitch (ANF) sales fell 7%; American Eagle Outfitters (AEO) saw its sales decline 6%; The Gap (GPS) reported its April sales fell 3%; Target (TGT) reported a 5.9% decline; Dillard's (DDS) sales fell 5%; Kohl's (KSS) sales dropped 7.7%'; J.C. Penney's (JCP) April sales fell 3.3%."

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