Thursday, September 22, 2016

National Retail News

Sales at US retailers declined 0.3% in August, Commerce Department figures showed. Core sales, which exclude such categories as autos, gasoline stations and building materials, declined 0.1%. Purchases at auto dealers dropped 0.9% and those at service stations fell 0.8%. Purchases fell 1.4% on building materials, sporting goods, books and music. Food and beverage spending was up 0.3% and clothing gained 0.7%. Among retailers still reporting monthly same-store sales, L Brands was up 2.0%, Gap was down 3.0%, and Costco was up 2%. See our sales reports below.

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