Home / Knowledge / News / Apparel/Garments / Clothing & clothing accessories stores sales flat, NRF
Clothing & clothing accessories stores sales flat, NRF
15
Jul '09
Even with discounts abounding on seasonal merchandise and apparel, shoppers continued to hold tightly to their wallets last month. Unseasonal weather through most of the country last month also impacted spending. According to the National Retail Federation, retail industry sales for June (which exclude automobiles, gas stations, and restaurants) decreased 3.8 percent unadjusted over last year and decreased 0.2 percent seasonally adjusted month-to-month.

June retail sales released by the U.S. Commerce Department show total retail sales (which include non-general merchandise categories such as autos, gasoline stations and restaurants) increased 0.6 percent seasonally adjusted from the previous month and decreased 7.8 percent unadjusted year-over-year.

“Although several economic indicators are starting to show signs of improvement, it is going to take a few more months--maybe longer--for people to feel comfortable spending again,” said Rosalind Wells, Chief Economist of NRF. “High unemployment and other uncertainties will continue to impact consumer spending through the remainder of this quarter.”

A few retailers saw small increases in month-to-month sales but still reported declines year-over-year. Sporting goods stores sales increased 0.9 percent adjusted from May and decreased 0.2 percent unadjusted from last year.

Clothing and clothing accessories stores sales were flat adjusted month-to-month and decreased 6.2 percent unadjusted year-over-year.

National Retail Federation

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search