Retail Sales Edge up in September
October 14, 2011,
WASHINGTON-Sales at U.S. retailers totaled $395.5 billion, up 1.1 percent over August and 7.9 percent ahead of September 2010, according to this morning's retail-sales report from the U.S. Census Bureau.
Sales at stores that sell home merchandise also had a positive September. Furniture and home furnishings stores logged in a 1.1 percent increase over August and were up 3.2 percent year over year. General merchandise stores came in with a 0.7 percent increase over August and a year-over-year gain of 4.5 percent. Department stores (excluding leased departments) enjoyed a pickup of 1.1 percent over August and 1 percent over September of last year.
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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