Retailers Report Strong February Sales; Stores See 3rd Straight Month of Solid Sales

Summary


NEW YORK (AP) - Consumers' rising confidence gave the nation's retailers their third straight month of solid sales during February, with business above expectations at many clothing and department stores.

Warmer weather and more appealing spring fashions contributed to the upbeat results issued Thursday. February's performance followed a robust January performance and a better-than-expected holiday season.

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Extract


Retailers Report Strong February Sales; Stores See 3rd Straight Month of Solid Sales

"Consumers are definitely feeling better," said Todd D. Slater, an analyst at Lazard Freres & Co. "They are more upbeat about their jobs. They have more...

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