Reuters Reports March Same Store Sales Growth of 9.1%, Record High
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Thomson Reuters is reporting that same-store sales for the month of March hit a record high with growth of 9.1%. The company was looking for a rise of 6.3% for the month. Around the sector, Kohl's (NYSE: KSS) and Cato (NYSE: CTR) were among some of the best performing. Retail sales from department stores came in up 12.3%, sales at discounters rose 10.1% and the teen apparel segment saw a 9.6% rise.
The Retail HOLDRs ETF (AMEX: RTH) is up just 0.06% in the pre-market session.
The Retail HOLDRs ETF (AMEX: RTH) is up just 0.06% in the pre-market session.
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