Retail business warms up in March
The way to track America’s economic sentiment is to watch what people do with their money. They spent more of it in March, when many big retailers posted very strong sales gains. TJX Cos. Inc. of Framingham was among the big winners, reporting a 13 percent gain in sales during the month - including a 10 percent jump in same-store sales. The March results at TJX and many other retailers far exceeded forecasts for analysts. TJX executives boosted their expectations for the quarter yesterday and the company’s stock reached an all-time high.