Minus Cars, Retail Sales Up

Don Hogsett, November 28, 2005

Washington — Hit hard by slumping car sales, U.S. retail sales dipped 0.1 percent during October to a seasonally adjusted $351.6 billion, the Commerce Department reported.

But traffic at the malls was brisker than at the car lots, and when highly volatile car sales are pulled out of the equation, retail sales actually improved 0.9 percent, with most major channels of distribution reporting gains.

Doing virtually all the damage, car retailers weakened further after a 3.9 percent drop in September.

The strongest channel during October was clothing and accessories retailers, where sales climbed 3.1 percent as cooler weather started to kick in, spurring sales of cold-weather apparel.

Home-related categories were among the month's gainers, with furniture and home furnishings stores gaining by 0.7 percent and building on an even stronger 1.6 percent increase in September. As consumers began to rebuild following a trio of devastating hurricanes, sales of building material and garden supply retailers surged 2.1 percent adding to a 1.7 percent increase the preceding month.

Retail Sales in October
(by channel)

Source: U.S. Department of Commerce
Winners
Clothing & accessories 3.1%
Bldg. mat./garden supp. 2.1
Department stores 1.5
Non-store retailers 1.2
Restaurants and bars 0.9
Furn. & home furn. stores 0.7
Grocery stores 0.6
Sporting goods, books 0.6
Electronics & appliances 0.4
Health & personal care 0.4
Losers
Car Dealers -4.1%
Gas stations -0.8


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!