The Wall Street Journal
07 March 2013
Many U.S. retailers posted moderate same-store sales in February, as positive and negative economic indicators resulted in a wash-out, according to the Wall Street Journal. In February, three more retailers—Target, Kohl’s and Macy’s—decided to stop reporting monthly same-store sales. This trend means that monthly comps reporting is not as powerful of a metric as it used to be. “It’s still a relevant barometer, but it does not give you as clear a picture as it used to,” said Kurt Salmon retail strategist Madison Riley in the article.