Home / Knowledge / News / Apparel/Garments / US holiday season sales up 1.1%
US holiday season sales up 1.1%
15
Jan '10
In the end, retailers got the best Christmas present of all: a holiday season of gains, not losses. After a year that saw holiday sales decrease by 3.4 percent, retailers bounced back in 2009. According to the National Retail Federation, retail industry sales (which exclude automobiles, gas stations, and restaurants) for December rose 2.3 percent unadjusted year-over-year and fell 0.5 percent seasonally adjusted from November.*

As a result, preliminary 2009 holiday sales, which combine the full months of November and December, rose 1.1 percent to $446.8 billion, surpassing NRF's projected decline of 1.0 percent.

"With an eye on managing inventory and maintaining lower price points, retailers did a tremendous job of planning for the holiday season," said NRF Chief Economist Rosalind Wells. "While the consumer appears to be spending again, double digit unemployment numbers will remain an impediment to maintaining this momentum."

Apparel was a big driver for retailers as clothing and clothing accessories stores for December increased 7.0 percent year-over-year and dipped 0.6 percent from November. Sporting goods, hobby, book & music stores also performed well with December sales increasing 3.9 percent
from last year and up 1.6 percent month-to-month. Health and personal care stores continue to be a bright spot in retail with year-over-year December sales increasing 4.8 percent and monthly gains of 0.8 percent.

The weak housing market continues to impact the sale of home furnishings with December sales of furniture and home furnishing stores decreasing 3.5 percent from December 2009 though increasing a slight 0.3 percent from the previous month.

*All year-over-year numbers are unadjusted and month-to-month comparisons are seasonally adjusted.

National Retail Federation

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search