Retail Sales Edge Up in November
December 13, 2011,
WASHINGTON-November sales at the nation's retailers totaled $399.3 billion, up 0.2 percent over October and 6.7 percent ahead of November 2010, according to numbers released this morning by the U.S. Census Bureau.
The retail channels that sell home products had a slow month. Sales at furniture and home furnishings stores rose 0.4 percent over October and 4.4 percent year over year. At general merchandise stores, sales increased 0.3 percent over October and 2.7 percent over November of last year. Sales at department stores (excluding leased departments) were 0.3 percent ahead of October but were down 3 percent from November 2010.
NRF has forecast that this year's holiday sales will rise 2.8 percent above last year.
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money