"Some early tax rebate spending might even be among the factors propping up these results. Underneath it all, shoppers felt worse off in April and made another significant move to tighten their spending plans," said Frank Badillo, senior economist at TNS Retail Forward.
U.S. chain store sales rose by 3.6% on a year-over-year same-store basis, according to the International Council of Shopping Centers, Inc.
--Sarah Mahoney