Chain Stores Register Surprisingly Strong Gains

Summary


March sales came in higher than expected for the nation's retailers that report monthly results. Analysts had predicted sales would be flat or down slightly compared with March 2009, so the average 2 percent increase registered by the 29 retail chains tracked by the International Council of Shopping Centers was a significant surprise.

What the numbers mean:

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Extract


Chain Stores Register Surprisingly Strong Gains

The 2 percent figure is the average increase in sales for stores open at least a year at the 29 chai...

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