Forget Inflation, Retail Sales Stage a Solid Rebound: 5 Winners

The U.S. retail sector is staging a remarkable comeback as sales increased in March, which is evidence that the economy is on solid ground and that the first quarter saw an impressive end.  Higher personal income and consumer spending have been boosting retail sales.The Commerce Department reported on Apr 15 that retail sales totaled $709.6 billion, increasing 0.7% month over month in March and surpassing the consensus estimate of a rise of 0.3%.Year over year, retail sales increased 4% in March. Total sale ...