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Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. Specifics from key sectors include: Clothing and clothing accessorystores were down 0.7% Electronics and appliance stores were up 3.8%
demonstrates that household finances remain strong, and the economic recovery will likely continue to gain steam as we head into the summer months. Specifics from key retail sectors include: Clothing and clothing accessorystores were down 5.1% Furniture and home furnishings stores were down 0.7% year-over-year.
Even with some stimulus money going to savings, consumers’ finances are healthy, and they are willing to spend. Grocery stores – the only category to show a year-over-year decline – were among the few retailers allowed to remain open. Specifics from key retail sectors include: Clothing and clothing accessorystores were up 18.3%
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