Will Retail's Bloom Fade in April?
By Christina Cheddar Berk, News Editor
NEW YORK (CNBC) -- What's next?
Retailers turned in very solid gains in March, but the big question now is: can the momentum continue?
If you exclude the drug stores, the Thomson Reuters Same-Store Index rose 6.8% in March. That's well above the monthly same-store gains of 3% to 5% recorded throughout 2011."You are seeing the momentum that kicked off in February continue in March," said Adrianne Shapira, a broadlines retail analyst at Goldman Sachs.
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