Retail Sales Fall Short of Plan
Staff -- Home Textiles Today, 8/22/2005 12:00:00 AM
New York —
The Johnson Redbook Retail Sales Index was up 3.7 percent in the second week of August, short of a 3.9 percent targeted gain.
Last week’s performance follows a 4 percent gain seen during the prior week. Month-to-date, August was up 3.8 percent.
“Early back-to-school apparel results generally have lagged behind plan, but it is still too early to call this a trend. The weather was cited as a factor as abnormally hot temperatures across much of the country depressed demand for fall apparel and consumers instead focused on items such as food, household supplies, air conditioners and outdoor equipment,” according to Redbook Analyst Catlin Levis.
Meanwhile, state tax-free holidays in Missouri, North Carolina, South Carolina and Texas had one day last week, Sunday Aug. 7, to help boost traffic and sales in those regions, she added.
“August remains transitional as retailers combine the remnants of summer clearance selling with fall restocking and back-to-school promotions,” Levis continued. “Retailers are hoping that the third quarter, which began this month, will represent a fresh start from a renewed customer.”
August is a four-week month on the retail calendar, ending Aug. 27.
Johnson Redbook Index
First week of August
| week ended | 8/6 | 8/13 | 8/20 | 8/27 | month | target |
| *Including chain stores and traditional department stores. Source: Johnson Redbook Index |
||||||
| Department stores* | 3.4 | 3.0 | 3.2 | 3.3 | ||
| Discounters | 4.3 | 4.2 | 4.3 | 4.2 | ||
| Redbook Average | 4.0 | 3.7 | 3.8 | 3.9 | ||
We would love your feedback!
-
'Bargain Hunting' Big in August Comps
Sep 8, 2008 -
‘Bargain hunting’ drives August comps past goal
Sep 3, 2008 -
Comp sales sag at department stores
Aug 19, 2008 -
June same-store sales gain steam
Jun 24, 2008 -
Comps Lackluster in September's Third Week
Sep 28, 2009
Featured Company
Most Recent Resources
- Getting the most out of offline leads
- Free Shipping and the Importance of Onsite Promotion
- Should Branded Manufacturers Participate in Flash Sales?
- Rugs 101 - Special Edition
- How Big Is Your Label
- Choosing a Web Site Developer
- Convergence: Tie Your Online & Offline Experience...
- Social Networks to Social Shopping
- Why Brands and Their Retailers are Facebook’s Biggest...
- Web Based Intelligence Gathering
- The Future of Tablets
- Shopatron: Bicycles & eCommerce
- A Guide to Holiday eCommerce Success
- Mattress Buying 101 - Connecting with Consumers
- Designing Your Brand’s Website for eCommerce
- Global Sourcing in 2010: Doing More With Less
- Comparing Four Options for Turning Web Site Traffic into...
- Are You Prepared for the 2009 Holiday Season? A Branded...
- Design, Develop, Deliver: The Three D's to Digitally...
