Comment on Department stores, teen chains report strongest sales figures in June

Department stores, teen chains report strongest sales figures in June

Department stores, teen chains report strongest sales figures in June

Abercrombie & Fitch was the biggest surprise of the month wiith a 9% jump in same-store sales, while Nordstrom posted double-digit gains. But just more than half of all retailers missed their expected goals. Warm weather and deep discounting helped kick off the summer shopping season, but retailers still reported mixed sales results for June.

Senh: No wonder stocks went up by almost 300 points last night.

 

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