Same-Store Sales Slide at American Apparel

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American Apparel Inc. said Thursday that its same-store sales fell 11 percent in March as overall consumer spending remained weak.

In a pre-earnings sales announcement, the Los Angeles clothing manufacturer and retailer said that including new locations, total retail sales rose 12 percent to $28.2 million last month.

For the first quarter ended March 31, the company said same-store sales at stores open at least a year declined 7 percent. Total retail sales grew 21 percent to $77.9 million.

American Apparel, which operates more than 260 retail stores in 19 countries, opened six stores and closed one during the quarter.

American Apparel shares were up 8 cents, or 2 percent, to $3.72 in midday trading on the Nasdaq.

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