Comps hit bump in between holidays

Redbook Comps

New York – With Memorial Day gone and Father’s Day sales not yet in full force, comps were up 3.3% last week, according to the Johnson Redbook Retail Sales Index.

Month-to-date, June was up 3.3% compared to June of last year, relative to a revised target of a 3.8% gain. Month-over-month showed a 1.8% drop, compared to a target of a 1.3% drop.

June is a five-week month on the retail calendar, ending on July 5 .

Without an immediate seasonal event around which to drive sales, most retailers were slightly below plan for the week, noted Redbook analyst Catlin Levis.

“Retailers anticipate the full effect of the Father's Day event to occur over the course of [this] week. June represents the peak of seasonal business before traditional July clearance sales and therefore is a crucial month for most retailers. Weather will be key in terms of allowing stores to make up sales before margin cutting clearance,” she said.

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

  • 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 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!