Comps slightly soft in September

Retail Editor 2, Jenny Heinzen York, October 4, 2011

New York - The Johnson Redbook Retail Sales Index was up 4.1% in the fifth and final week of September following a 4.2% gain the previous week.

Month-to-date, September was up 4.4% compared to September of last year, relative to a target of a 4.6% gain. Month-over-month showed a 0.1% drop compared to August, relative to a target of a 0.1% gain.

Catlin Levis of Redbook Research noted, "Sales were somewhat slower for most stores in our model in the final week of September."

Consumables and other basics generally led business. Several stores said business improved up toward the end of the week as temperatures in parts of the country turned cooler, driving demand for fall apparel, said Levis.

Redbook's preliminary target for October based on retailers' plans is for 3.6% year-over-year increase, which equates to a month-over-month drop of 1.7%.

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 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!