New York – Same-store sales experienced a lull during first week of December, the Johnson Redbook reported today.
The Johnson Redbook Retail Sales Index rose 1.2% for the week ended Dec. 5 compared to December 2008. Month-over-month, comps fell 5.2%.
Retailers said the slow-down was typical of the first week of December, according to Catlin Levis, Redbook analyst. She added the slump “would likely be followed by an equally predictable stead buildup toward Hanukkah and Christmas.”
This year, Hanukkah begins Dec. 11, nine days earlier than last year. In addition, most retailers will have an extra pre-Christmas shopping day compared to last year, said Levis.
“Sales leader lists did not feature toy and gift categories as strongly as might be expected for this time of year, a possible indication of consumers deferring holiday shopping until the last minute,” she said.
Panjiva is the leading intelligence platform for global trade professionals. With detailed information on 1.5 million companies that do business across borders, Panjiva is the go-to source for information for global trade professionals who want to...
more
Shopatron is the world's leading provider of global eCommerce for consumer goods. With Shopatron, orders placed on branded websites are offered to a managed network of global partners for fulfillment, typically for assignment to local retailers...
more
Lectra is the world leader in integrated technology solutions that automate, streamline, and accelerate product design, development, and manufacturing processes for industries using soft materials. Lectra develops the most advanced specialized...
more
Red Gold, LLC is one of America's largest producers of tomato products. Offering premium quality ketchup, tomatoes and tomato juice at a more affordable price than other national brands, Red Gold is the right choice for today's foodservice economy...
more
