June sales ahead of plan

NEW YORK -- With warm weather finally settling in across the country, same-store retail sales continued to run ahead of plan during the third week of June helped by strong sales of seasonal goods, the Johnson Redbook Index reported.

Sales climbed 4.1 percent during the week, building on gains of 3.3 and 3.7 percent respectively during the two preceding weeks. For the three weeks month-to-date, sales grew 3.7 percent, besting a target of 3.2 percent growth."Earlier worries among retailers about increased inventories and markdowns due to unseasonable weather have lessened, although some excesses are still out there,” said Redbook analyst Catlin Levis.

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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!