Arkansas Democrat-Gazette stories: Business - Mar 05, 2010Dillard's, Inc. (DDS)
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Ken Perkins
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Retail MetricsThe nation's retailers turned in a strong performance in February, at least compared with a year ago, despite a string of snowstorms that disrupted shopping and a persistent high unemployment rate. Nearly all retailers, including Little Rock based
Dillard's Inc., improved sales, and many beat retail analysts' forecasts. The International Council of Shopping Centers, a trade group, reported an overall 3.7 percent gain in February sales in stores open at least a year for the 31 retailchains it tracks. "This was strong enough to open your eyes a little bit.
Things are setting up nicely for March," said Ken Perkins, who runs the research firm Retail Metrics Inc in Swampscott, Mass.
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The nation's retailers turned in a strong performance in February, at least compared with a year ago, despite a string of snowstorms that disrupted shopping and a persistent high unemployment rate. Nearly all retailers, including Little Rock based <span class="company">Dillard's</span> Inc., improved sales, and many beat retail analysts' forecasts. The International Council of Shopping Centers, a trade group, reported an overall 3.7 percent gain in February sales in stores open at least a year for the 31 retailchains it tracks. "This was strong enough to open your eyes a little bit.<span class="sent"> Things are setting up nicely for March," said <span class="analyst">Ken Perkins</span>, who runs the research firm Retail Metrics Inc in Swampscott, Mass.</span>
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