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Specialty Store Sales Suffered Near-Total 89.3% Thrashing in April

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Retail’s 16.4 percent April downfall isn’t the biggest shocker in the latest monthly sales report. Though last month’s dismal performance outgunned March’s 8.3 percent tumble, specialty stores saw unprecedented carnage with an 89.3 percent year-on-year decline. Specialty stores sales for apparel and accessories in April generated just $2.37 billion, down precipitously from $22.25 billion a…

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