American Apparel Retailing Grew In The First Quarter, But It Is Hard To Predict.

Easter is coming late this year.

Perkins, chairman of RetailMetrics, a market research firm, said that the economic environment is full of challenges. Easter is still driving the growth of sales. It shows that the purchasing power of consumers has always been flexible. But recently, some consumers have begun to brake and spend their expenses. From now until the return season, there is no catalyst to drive sales.

According to Thomson Reuters survey, 25 retailers in the United States grew 8.9% in April in the same store, better than expected. According to the International Shopping Center Association data, the overall retail sales in same store grew by 8.5% in April, the largest annual growth rate since March last year.

The growth of retail sales in April was mainly due to the extension of Easter to late April, three weeks later than last year, making the sales boom postponed to April, and the sales volume in April increased by three to five percentage points.

3, the combined spring sales in April grew by 5.25%, a record of 1999.

Gap, Gap, grew by 8%, far better than analysts expected growth of 0.8%, but predicted that the gross profit in the second quarter will drop sharply. The clothing industry is facing the pressure of rising costs and wants to pass on the cost to consumers. But unless the goods are really excellent, consumers will not want to pay high prices, especially the unemployment rate has not declined significantly, and the apparel industry is in a more difficult position.

Department stores are mixed.

Pani stores (JCPenny) grew 6.4% in the same store, growing less than 8.5% of analysts' expectations, and increasing sales of Nordstrom in high-end department stores by 7.6% or 8.1%.

Messi's Macy (s) is relatively outstanding, with sales growth of 10.8%, better than analysts' expectations of 8.1%.