Home / Knowledge / News / Apparel/Garments / Clothing & clothing accessories retail sales rise in Jan
Clothing & clothing accessories retail sales rise in Jan
14
Feb '08
As expected, January retail sales demonstrated that consumers last month were focused on buying necessities more than discretionary items. According to the National Retail Federation, retail industry sales for January rose 2.0 percent unadjusted over last year and 0.1 percent seasonally adjusted from December.

January retail sales released by the U.S. Commerce Department show total retail sales increased 0.3 percent seasonally adjusted from last month and 4.6 percent unadjusted year-over-year.

“The January numbers are indicative of the issues consumers are facing, including the housing slump, a sluggish employment sector and high energy prices,” said NRF Chief Economist Rosalind Wells. “We expect to see marginal improvements in the second half of the year once consumers begin to receive their rebate checks.”

Helped in part by winter clearance sales and other weather-related purchases, sales at clothing and clothing accessories stores increased 1.4 percent unadjusted year-over-year and 1.4 percent seasonally adjusted month-to-month.

Health and personal care stores sales also saw moderate increases with sales increasing 3.5 percent unadjusted over last year and 0.8 percent seasonally adjusted from December.

General merchandise stores sales also increased 3.5 percent unadjusted year-over-year and 0.1 percent seasonally adjusted month-to-month.

Stores selling home-related merchandise saw the biggest sales declines.

Sales at furniture and home furnishings stores decreased 4.3 percent unadjusted over last year and 0.5 percent seasonally adjusted from last month. Building material and garden and equipment stores sales decreased 5.8 percent unadjusted year-over-year and 1.7 percent seasonally adjusted month-to-month.

National Retail Federation

Must ReadView All

Courtesy: Aptos

Information Technology | On 25th Feb 2017

Tailored Brands selects Aptos sales audit solution

Aptos, Inc., a market leader in retail technology solutions, has...

Information Technology | On 25th Feb 2017

One Jeanswear Group deploys Centric PLM suite

Centric Software, the leading PLM solution for fashion, retail,...

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search