Thursday, June 02, 2005

Retail Sales Up

Looks like high gas prices aren't affecting the kids buying stuff at Wet Seal (a crazy 57% same store sales growth) and Abercombie (29% same store sales) and the rich folks at Neiman Marcus (11% same store) and Nordstrom (7.9% same store.) Looks like there is more money to be made in retail. Consumer confidence is up and people are still willing to keep that money flowing out of their wallets.

No comments: