Retail up, home décor flat

Washington -- Catching Wall Street and analysts by surprise, U.S. retail sales unexpectedly surged ahead by 1.0% in November, the biggest one-month gain since July, when sales rose by 1.4%.

The boost came as a surprise to analysts who had been expecting sales to edge up just 0.2%, according to those polled by Some analysts remained unconvinced -- and expect the numbers may be revised downward next month, noting that the U.S. Commerce Department in November revised the methodology it uses to calculate sales.

As consumers stock up on iPods and flat panel TVs, the nation's electronics and appliances stores were the month's clear winner, driving sales up a heady 4.6%, far outpacing any other retail channel.

At the bottom of the list, and the month's only loser, were furniture and home furnishings stores, illustrating just how deferrable a purchase of sheets and towels can be, as consumers decide to make do until after the holidays.

Illustrating the seismic shift in consumer shopping patterns in the era of the internet, non-store retailers drove their sales higher by 1.3%, but sales were flat at department stores.

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 Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!