Heavy rain means light sales for retailers

NEW YORK — Hampered by heavy rain and winter storms that kept shoppers indoors throughout parts of the country, post-Christmas retail sales came in a little light during the first week of January, rising 3.1 percent but missing a targeted gain of 3.2 percent, the Johnson Redbook reported.

Sales were off the even faster pace of a 5.2 percent increase recorded the prior week during the busiest moments of the post-holiday season.

Department stores performed well, with a same-store sales increase of 1.1 percent, easily besting a target of 0.9 percent. But acting as a drag were the nation's big mass merchants, where sales came in beneath expectations. Discounter same-store sales advanced 4.3 percent, but still missed the target of 4.7 percent.

"Sales were slightly below plan for most companies in our model in the first week of January," said Redbook Analyst Catlin Levis. "Store traffic was slower, somewhat impacted by heavy rain and winter storms in parts of the West and Midwest . Meanwhile, sales drivers are still in place in other areas."

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.


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!