Retail Sales Relatively Flat in April
May 13, 2014,
WASHINGTON-U.S. retail sales totaled $434.6 billion in April, up a bare 0.1 percent from March and 4 percent from April of last year, according to this morning's monthly retail sales report from the U.S. Census Bureau.
The sales figures for the channels that sell home furnishings presented a mixed bag last month. Furniture and home furnishings stores posted a 0.6 percent decline in sales from March, but picked up 3.5 percent from April of last year. General merchandise stores increased their April sales by 0.2 percent from March and 2.8 percent year over year.
Department stores (excluding leased departments) pushed sales up 1.8 percent month over month, but saw sales decline 0.3 percent from April 2013. Nonstore sales (which include online and catalogs) punched in with a 0.9 percent falloff from March and a 6.5 percent gain year over year.
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- 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