Weather, calendar combine to bruise retailers

WASHINGTON, DC -- According to the National Retail Federation (NRF), August retail sales in the GAFS category (general merchandise stores, clothing and clothing accessories stores, furniture and home furnishings stores, electronics and appliances stores, and sporting goods, hobby, book and music stores) rose 2 percent over last year but dipped 0.4 percent over July.&p>Consumers last month were impacted by severe weather throughout the country, shifting school schedules, and a late Labor Day weekend, said the NRF.&p>August retail sales released today by the U.S. Commerce Department show that total retail sales – which include non-general merchandise categories such as autos, gasoline stations and restaurants -- dipped 0.3 percent seasonally adjusted over July and increased 4.6 percent unadjusted year-over-year, stated the NRF.&p>Furniture and home furnishings stores experienced a slight decline, falling 0.9 percent seasonally adjusted from July though continuing to rise 5.3 percent over last year.&p>First quarter GAFS sales increased 9.9 percent, and second quarter sales rose 6.8 percent. The NRF has forecast 2004 GAFS sales to grow 6 percent over last year.

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.

Research Store

Featured Video

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 November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!