Retail Sales Slip in September

NRFWASHINGTON-U.S. retail sales finished September at an adjusted total of $425.9 billion, down 0.1 percent from August but up 3.2 percent over September of last year.

Most of the month-to-month decline occurred in the auto sector, whose sales fell 2.2 percent from August while rising 5.1 percent from September 2012. Sales at all of the non-auto channels were up 0.4 percent from August and 2.8 percent year over year.

Sales at furniture and home furnishings stores were up 0.2 percent from August and 4.3 percent over last September, while sales at general merchandise stores rose 0.4 percent month over month and 0.6 percent year over year. Sales at department stores (excluding leased departments) were down 0.9 percent from August and 6 percent from September 2012.

In the National Retail Federation's monthly statement on the results, Jack Kleinhenz, NRF's chief economist, said, "Falling gas prices, combined with rising housing and stock prices, continue to support consumer spending and the broader economy. While far from robust, consumers are shopping, but they are spending both discriminately and moderately."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

  • Adriana Hoyos Relaunches Brand at High Point Market

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017

    HFN's DIGITAL EDITION

    September 2017


    COVER STORY:

    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    ALSO IN THIS ISSUE:

    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.