May brings higher sales for U.S. retailers

06/5/2013 | Wall Street Journal, The

Warmer weather and promotions on spring and early summer merchandise helped spur consumer spending in May, and the nine retailers that still report monthly sales are expected to report a 4.7% rise in same-store sales, up from 3.8% in May 2012. Costco reported the biggest boost so far, with same-store sales jumping 5%, and Victoria's Secret said strong sales of its Pink brand drove a 4% increase.

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Wall Street Journal, The

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