Tuesday, April 26, 2016
US retail sales fell 0.3 % in March, the Commerce Department said. The decrease was led by a drop in auto demand of 2.1% in March, the biggest decrease since February 2015. Excluding autos, purchases rose 0.2% last month after little change in February. Americans spent more at gasoline stations, building suppliers, and health and personal-care stores, and cut back at restaurants and bars, clothing stores and department stores. Among retailers reporting monthly comp-store sales, L Brands was up 3.0%, Gap was down 6.0%, and Costco sales rose 1.0%. Rite Aid is no longer reporting monthly, but will report quarterly - leaving only 3 retailers on our list reporting monthly sales - see our sales reports below.