Kantar Retail reports that same-store sales grew 4.4% in February, down a tick from last month's 4.9% gain, but a solid increase over the 3.9% reported in February of last year. And the International Council of Shopping Centers, which tracks a slightly different index of stores, says sales rose 4.2%.
Department stores had results that were particularly strong. J.C. Penney says its same-store sales jumped 6.4%, with all divisions reporting an increase over last year. Results were strongest in women's apparel and accessories, children's apparel, and fine jewelry. Macy's numbers rose 5.8%, which it said means its customers are reacting well to new spring merchandise at both Macy's and Bloomingdales. Sales at Kohl's advanced 5%.