Retailers, consumers and prices
Check Out Line: Let the sunshine in
Check out a little retail sunshine.
The weather finally got a little better in April, which helped retailer’s sales even as the economy stayed week, according to Planalytics.
“While April 2008, on a national level, may have been an ‘average’ month in terms of temperature — the weather helped unleash pent up demand, improving sales in the Northeast, Midwest and the Ohio Valley,” the consulting firm said.
The company, which provides weather information for businesses, said home centers, restaurants and softline retailers all showed positive year-on-year gains.
It called out Bon-Ton, Dress Barn, Family Dollar and Lowe’s as having the strongest sales gains.
“While the economy remains sluggish, the weather has certainly done its part this month to improve business’ fortunes,” said Scott Bernhardt, Planalytics Chief Operating Officer.
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