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September 13, 2013

Retail sales increased in the month of August but came in at a much slower pace than anticipated, according to the National Retail Federation.

Washington, D.C. -- Retail sales increased in the month of August but came in at a much slower pace than anticipated, according to the National Retail Federation. Sales (excluding automobiles, gas stations and restaurants) increased 0.1% seasonally adjusted from last month, and increased 3.9% unadjusted year-over-year.

August 13, 2013

Sterne Agee chief economist Lindsey M. Piegza comments on July retail sales gain of 0.2%:

Sterne Agee chief economist Lindsey M. Piegza comments on July retail sales gain of 0.2%:

Headline retail sales rose 0.2% in July, slightly less than expected but last month’s sales were revised up two-tenths from 0.4% to 0.6%. This is the fourth consecutive monthly increase in retail sales. Excluding autos, retail sales rose 0.5%, the strongest monthly gain since February.

August 13, 2013

U.S. retail sales edged up 0.2% in July from June, according to figures from the Department of Commerce.

Washington, D.C. -- U.S. retail sales edged up 0.2% in July from June, according to figures from the Department of Commerce. This followed a 0.6% month-over-month boost in sales in June, driven by strong auto sales. The slower sales uptick reflected a drop in purchases of automobiles, along with furniture and electronics.

December 28, 2012

Holiday-related sales rose 0.7% from October 28 through December 24, compared with a 2% rise last year, according to a preliminary report from MasterCard Advisors Spending Pulse.

New York City -- Holiday-related sales rose 0.7% from October 28 through December 24, compared with a 2% rise last year, according to a preliminary report from MasterCard Advisors Spending Pulse.

"It has been a very uneven industry performance, probably at least for the last year, and that certainly continued into the holiday season," said Michael Niemira, chief economist at the International Council of Shopping Centers, in a Reuters report.

December 13, 2011

Retail sales rose 0.2% in November, following a 0.6% advance in October that was more than initially reported, according to figures released by the Commerce Department in Washington.

New York City -- Retail sales rose 0.2% in November, following a 0.6% advance in October that was more than initially reported, according to figures released Tuesday by the Commerce Department in Washington. The November increase was the slightest gain in five months. Economists projected a 0.6% November increase, according to the median forecast in a Bloomberg News survey. Purchases excluding automobiles also rose 0.2%.

November 23, 2011

Consumer spending rose less than forecast in October as Americans even as personal incomes showed the biggest gains in seven months.

New York City -- Consumer spending rose less than forecast in October as Americans even as personal incomes showed the biggest gains in seven months.

The Commerce Department said Wednesday that spending increased 0.1% last month, the poorest gain in four months. But incomes increased 0.4%, the best showing since March, with private wages and salaries driving the income gain.

Most economists had forecast spending to rise by 0.3% and income by 0.2%.
 

September 30, 2011

Consumer spending in the United States slowed in August, impacted by falling incomes and sporadic hiring, according to a report released Friday by the Commerce Dept.

Washington, D.C. -- Consumer spending in the United States slowed in August, impacted by falling incomes and sporadic hiring, according to a report released Friday by the Commerce Dept. The report came amid news that incomes unexpectedly dropped for the first time in almost two years.

Commerce Dept. figures showed that purchases edged up 0.2% after a 0.7% increase in July. However, a 0.2% increase in prices wiped out the slight spending gain. Incomes dipped 0.1%, the first decline since October 2009.

September 26, 2011

Retailers should expect small gains in 2011 holiday sales, Deloitte forecast on Monday.

New York City -- Retailers should expect small gains in 2011 holiday sales, Deloitte forecast on Monday. The company’s retail & distribution practice expects total holiday sales to reach between $873 and $877 billion, representing a 2.5 to 3% increase over last season.

September 16, 2011

The International Council of Shopping Centers said it expects holiday sales to increase 3% this year, which is below the 4.1% gain in 2010.

New York City -- The International Council of Shopping Centers said it expects holiday sales to increase 3% this year, which is below the 4.1% gain in 2010.

Holiday sales are expected to reach $250.2 billion, the highest since the 2007 peak, when spending totaled $251.7 billion, according to the group, whose forecast is among the first to come out for the holiday 2011 shopping season.

The ICSC predicted that holiday same-store sales will rise 3.5%, slightly lower than the 3.8% pace in 2010.

June 14, 2011

A report released Tuesday by the Commerce Department showed that total U.S. retail sales fell 0.2% in May, a less-than-forecast dip following April’s 0.3% gain.

Washington, D.C. -- A report released Tuesday by the Commerce Department showed that total U.S. retail sales fell 0.2% in May, a less-than-forecast dip following April’s 0.3% gain. It was the first drop in 11 months. Excluding autos, retail sales rose 0.3% last month, the smallest gain since July 2010.

February 15, 2011

A report released Tuesday by the U.S. Commerce Department said sales at U.S. retailers edged up 0.3% in January, less than the expected 0.5% to 0.6% increase, but still the seventh straight month of gains.

Washington, D.C. -- A report released Tuesday by the U.S. Commerce Department said sales at U.S. retailers edged up 0.3% in January, less than the expected 0.5% to 0.6% increase, but still the seventh straight month of gains. A series of snow storms that hit much of the country throughout the month was cited as one of the factors for the weaker showing.

January 6, 2011

Retail same-store sales eased to 3.2% growth in December in the wake of November’s exceptionally strong promotional activity and an ongoing shift toward online shopping, according to Kantar Retail.

Columbus, Ohio -- Retail same-store sales eased to 3.2% growth in December in the wake of November’s exceptionally strong promotional activity and an ongoing shift toward online shopping, according to Kantar Retail. The sales-weighted composite for the 31 retailers reporting -- most of them apparel retailers -- was weaker than the 5.6% same-store sales gain last month, but slightly better than the 3.0% gain in December of 2009. (The calculations no longer include Walmart, which stopped reporting monthly results in 2009. )

January 6, 2011

After coming off a strong November, U.S. retailers found their momentum largely waned in December, with sales impacted by a still-cautious consumer, early discounting and a blizzard that crippled the Northeast in the days immediately after Christmas.

New York City -- After coming off a strong November, U.S. retailers found their momentum largely waned in December, with sales impacted by a still-cautious consumer, early discounting and a blizzard that crippled the Northeast in the days immediately after Christmas. But while many chains missed Wall Street’s heightened expectations for December, the retail industry still turned in its strongest holiday  performance since 2006.

December 28, 2010

A survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs found that chain-store sales for the week ended Dec. 25 rose 4.8% from the year-earlier period, the best performance since April 24.

New York City -- A survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs found that chain-store sales for the week ended Dec. 25 rose 4.8% from the year-earlier period, the best performance since April 24.

According to the survey, on a week-over-week basis, sales gained 1%.

November 15, 2010

A report released Monday by the Commerce Department said that retail sales beat expectations for October, climbing 1.2% and representing the biggest gain since March.

Washington, D.C. -- A report released Monday by the Commerce Department said that retail sales beat expectations for October, climbing 1.2% and representing the biggest gain since March.

The 1.2% rise in October purchases followed a 0.7% gain in September, which also was larger than estimated.

December 23, 2008

The Commerce Department reported Wednesday that consumer spending fell by 0.6% last month, slightly less...

November 30, 2008

Of all the lousy news in my e-mail inbox lately, one nasty tidbit stood...

November 16, 2008

Thanksgiving prices are up about 6% this year compared to last year, according to Purdue...

September 17, 2008

Holiday sales this year will be the weakest in 17 years, according to a forecast...

September 15, 2008

Deloitte Research revealed on Tuesday its 2008 spending forecast for the holiday season, which predicted...

July 6, 2008

U.S. store closings and cutbacks turned the second quarter into the worst for strip-mall owners...

January 14, 2008

New York City Retail industry sales for December 2007 rose 1.7% over last year, and...

January 1, 2008

New York Retail sales increased by a tepid 2.3% for the last week in December...

December 18, 2007

Washington, D.C., The...

October 10, 2007

New York City, ...