Home / Knowledge / News / Retail sales show resiliency in April, NRF
Retail sales show resiliency in April, NRF
14
May '08
After several months of lackluster sales, retailers finally have a reason to cheer. According to the National Retail Federation, retail industry sales for April (which exclude automobiles, gas stations, and restaurants) rose 2.3 percent unadjusted over last year and 0.6 percent seasonally adjusted month-to-month.

April retail sales released today by the U.S. Commerce Department show total retail sales (which include non-general merchandise categories such as autos, gasoline stations and restaurants) decreased 0.2 percent seasonally adjusted from the previous month and increased 2.6 percent unadjusted year-over-year.

“While it's apparent that consumers are still holding back, the spring season helped get people back into stores,” said NRF Chief Economist Rosalind Wells. “The month-to-month sales increase was the largest we've seen since last November, a much welcomed reprieve.”

As consumers continue to stick to necessity-type purchases, sales in health and beauty care stores increased a solid 3.1 percent unadjusted year-over-year and 0.4 percent seasonally adjusted from last month.

Thanks to the onset of spring-like weather in much of the country, building material, garden equipment and supplies stores had slight sales increases for the first time in months. Sales increased 1.9 percent seasonally adjusted from March and 1.2 percent unadjusted year-over-year. Sporting goods, hobby, book and music stores sales also saw healthy increases. Sales rose 4.7 percent unadjusted year-over-year and 0.4 percent seasonally adjusted from last month.

Electronics and appliance stores sales increased 5.1 percent unadjusted from last year and 1.4 percent seasonally adjusted from March. Clothing and clothing accessories stores sales increased 0.7 percent seasonally adjusted from last month and 0.5 percent unadjusted year-over-year.

National Retail Federation

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella 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
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