Tuesday, March 27, 2018

National Retail News

The Commerce Department said that retail sales slipped 0.1% last month. January data was revised to show sales dipping 0.1% instead of falling 0.3% as previously reported. Retail sales in February increased 4.0% year-over-year. Sales at department stores declined, but spending at online and catalog retailers, building materials stores, restaurants and clothiers rose to offset much of the decline. Among retailers reporting monthly sales, L Brands was up 3.0% and Costco was up 9.0%. See sales reports below.

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