Retail Focus 4/20/18 – Positive March U.S. Retail Numbers; Pier 1 Attempts to Correct Course

The U.S. Census Bureau released retail sales numbers for March, and we discuss why they might be even rosier than most suggest. Not as rosy? Pier 1 Imports, whose disappointing fourth quarter earnings come alongside their annual investor day—we talk about their new initiatives to attempt to right the ship. Meanwhile, e-commerce native Brandless plans a pop-up store, and courts weigh sales tax collection by online retailers.