Boston Marathon bombings stunted comps in April's second week
Home & Textiles Today Staff -- Home Textiles Today, April 23, 2013
New York - Comps were up 1.8% in the second week of April following a 2.0% gain the prior week, said the Johnson Redbook Retail Sales Index.
Month-to-date, April was up 1.9% compared to April of last year, relative to a target of a 2.6% gain. Month-over-month showed a 2.8% drop, relative to a target of a 2.1% drop.
April is a four-week month on the retail calendar ending May 4th.
Catlin Levis, Redbook analyst, noted the week opened "softly for several merchants. Certain retailers said their business was hampered by the Monday Boston Marathon bombings and the manhunt for the two suspects which followed, keeping shoppers glued to the TV instead of shopping in stores."
With Easter out of the way and much of the country experiencing warmer weather, some retailers said seasonal business regained momentum. Home improvement and outdoor merchandise were reported to be showing signs of spring fever, she added.
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