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For instance, clothing and accessory store sales were up 18.3% Results in other categories included: Sporting goods stores: Up 23.5% YoY; Furniture and homefurnishingsstores: Up 5.9% YoY; Building materials and garden supply stores: Up 12.1% YoY; Electronics and appliance stores: Up 10.5%
“Over the past several months, consumers have responded well to federal relief measures that have supported the recovery, so it comes as no surprise that they would take a pause on spending as some of these programs tapered off at the end of July.”. unadjusted year-over-year; Furniture and homefurnishingsstores : Up 2.1%
Store growth Of the 23 new clubs opened in 2023, 10 were outside of North America. Store growth for Costco going forward will be focused more away from the US than domestically because of decreasing opportunities for expansion athome. This, too, will be member-based. Sales of non-food items decreased 0.4
WASHINGTON – Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor , powered by Affinity Solutions, released today by the National Retail Federation. “As Health and personal care stores were up 0.03% month over month seasonally adjusted and up 4.5% year over year unadjusted.
“The consumer is still healthy, and today’s report shows households are forging ahead with plenty of buying power despite persistent inflation, rising interest rates and geopolitical conflicts,” Jack Kleinhenz, chief economist at NRF, said in a press release. unadjusted year over year. • Online and other non-store sales were up 1.1%
The number includes online and other non-store sales, which were up 11.3 percent at $218.9 November-December holiday sales saw year-over-year gains across the board, led by increases at clothing, sporting goods and general merchandisestores. Sporting goods stores, up 20.9 General merchandisestores, up 15.2
Consumers shopped in record numbers and retailers delivered positive holiday experiences to inflation-wary consumers, offering great products at more promotional price levels to fit their stretched budgets. The holiday total, which is not adjusted for inflation, includes online and other non-store sales, which were up 9.5%
billion in online and other non-store sales (up 11.3%) but excludes sales at automobile dealers, gasoline stations and restaurants, set a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic. “We Sporting goods stores, up 20.9%. General merchandisestores, up 15.2%.
The holiday total, which is not adjusted for inflation, includes online and other non-store sales, which were up 8.2% Online and other non-store sales were up 8.2%. Clothing and clothing accessory stores were up 3%. General merchandisestores were up 2%. Grocery and beverage stores were up 1.1%.
Similarly, when looking at unadjusted year-over-year numbers, increases in the total and core retail measures drop to 2.7% There was an effect at the sectoral level as well, as several categories dropped to negative for month over month and year over year, including furniture, electronics and building supplies.
“March retail sales show that consumers have maintained their ability to spend in the face of record-level inflation, supply chain issues and geopolitical unrest,” Matthew Shay, president and chief executive at the National Retail Federation, said in a statement. Clothing and clothing accessory stores were up 2.6% year over year.
In addition, tax refunds typically contribute to spending at this time of year but are smaller this year than last. Nonetheless, we are still looking at positive sales growth moving forward in 2023.” Sporting goods stores were up 0.2% General merchandisestores were down 3% month over month seasonally adjusted but up 2.9%
Holiday shoppers are demonstrating resilience, and retailers are providing great products and experiences at the right price levels to help stretch household budgets. Sporting goods stores were down 0.6% General merchandisestores were down 0.1% Clothing and clothing accessory stores were down 0.2%
Retail sales grew in July, supported by declines in prices at the gas pump and moderately lower inflation,” NRF president and CEO Matthew Shay said. Clothing and clothing accessory stores were down 0.6 General merchandisestores were down 0.7 Furniture and homefurnishingsstores were up 0.2
On top of that, the enhanced child care tax credit ceased at the end of 2021, impacting millions of families. Grocery and beverage stores were up 1.1% General merchandisestores were up 3.6% Furniture and homefurnishingsstores were up 7.2% January’s results follow a 14.1% unadjusted year-over-year.
Despite all that’s been thrown at them including inflation, supply chain constraints, market volatility and significant geopolitical events, consumers remain able and willing to spend. Retailers are nimble and are dedicated to serving their customers with great experiences, great products and services at the best possible prices they can.
We are at a highly elevated level of spending, with dollar amounts in recent months some of the highest we’ve ever seen,” Kleinhenz said. Specifics from key retail sectors include: Clothing and clothing accessory stores were up 3% month-over-month seasonally adjusted and up 198.7% Electronics and appliance stores were down 3.4%
Retailers have been hard at work managing their supply chains and holiday inventories to provide consumers with great products, competitive prices and convenience at every opportunity. Health and personal care stores were down 0.6 General merchandisestores were up 0.5 percent unadjusted year over year.
Even at the low end of the range, both the amount spent and the growth rate would set new records. November sales were up in all but three categories on a monthly basis and were up across the board year-over-year, led by increases at clothing, sporting goods and furniture stores. Sporting goods stores were up 1.3%
The robust balance sheets of American households are being met by retailer preparation and hard work to provide products that consumers want at competitive prices. October sales were up in all but two categories on a monthly basis and were up across the board year-over-year, led by increases at clothing, electronics and sporting goods stores.
June sales were up year-over-year across the board, led by increases at clothing, electronics and furniture stores. Specifics from key retail sectors include: Clothing and clothing accessory stores were up 2.6% Specifics from key retail sectors include: Clothing and clothing accessory stores were up 2.6%
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