Labor Day impacts Redbook avg.

New York — Same-store sales for the nation's key retailers advanced by 1.7 percent over year-ago levels during the first week of September, but stunted by a disappointing Labor Day weekend, sales fell beneath plan at department stores and discounters alike, the first time in a month that the widely watched Redbook Retail Sales Average couldn't meet or exceed its target.

And measured against a sales recovery that held on through all of last month, sales during the first week of September declined 0.7 percent from August levels, Redbook reported.

"Labor Day business was slow and culminated in a disappointing weekend with reduced traffic in stores," said Redbook analyst Catlin Levis. "Both discount and department stores under-performed in the first week."

Back-to-School business "continued to be a primary sales driver, which included Labor Day as the season approached its peak selling period," Levis added. "Some retailers are nearing the end of their Back-to-School calendars, while others expect the Back-to-School impetus to last through the month. Elsewhere, consumer demand for basic consumables continued to be firm. Discount stores did well in categories such as school supplies, food, basic apparel, pharmacy items and health and beauty products. Sales of home-related goods also remained active. Regionally, business was strongest in the Northeast and Midwest."

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!