Same-store sales sluggish, as expected

New York — Most big American retailers had been expecting relatively sluggish sales during the third week of January. And they weren't far off the mark, with same-store sales moving up by 1.9 percent, a modest improvement over the prior week's gain of 1.5 percent, according to the Redbook Retail Sales Average.

For the three weeks month-to-date, sales were up by 1.8 percent over the same period a year ago, in line with expectations. Sales for the three-week period were up by 0.7 percent over December, again in line with expectations.

In good news for home fashions producers, home furnishings were once again cited as a sales leader, as they were through much of last year, even when apparel and other segments disappointed.

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

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 digital edition

See the June 2017 issue of Home & Textiles Today. In this issue, we discuss how U.S, ports are gearing up for the future, and what to expect from second half trade shows. See details!