Americans chose rides over threads last month, according to data released last week by the U.S. Census Bureau.
September’s surge in retail sales was driven primarily by a jump in performance at auto dealerships and gas stations. The month-over-month increase in total retail sales was 1.6%, to $483.9 billion.
On a 12-month smoothed basis, retail sales rose by 4.7%, their biggest increase since January.
However, the increase at apparel-oriented department, chain, discount and specialty stores was more tempered.
Sales at department, chain and discount stores fell by 1.3% to $12.6 billion, flat on a 12-month smoothed basis.
Sales at clothing and accessories specialty stores increased by 1.1% compared to the year-ago period, to $21.7 billion, and increased 1.6% on a 12-month smoothed basis.
At the combined department, chain, discount and specialty sectors, where most of the traditional retail apparel business is done, sales inched up negligibly to $34.3 billion, a rise of 0.9% on a smoothed basis.
The inventory to sales ratios in the department and specialty store sectors ticked up slightly in August, the most recent month for which the measure is available.
Sales in the non-store retail sector, which includes pure-play e-commerce, increased by 9.2% in September to $52.4 billion, only the second single-digit increase in the measure in more than two years.
At the upcoming edition of Sourcing at MAGIC, attendees will be able to witness the factory of the future right on the show floor.Read more
RIS is recognizing several retail software vendors for their ability to transform industry member’s businesses with technology.Read more
The wool market has battled dwindling demand from the infiltration of high-tech fabrics in the outerwear market for many years and lost supply in its home market of Australia, where growers have increasingly opted for more profitable use of their land.Read more
The U.S. Commerce Department issued affirmative final determinations in the countervailing duty investigations of fine denier polyester staple fiber from the China and India.Read more
The cost of enjoying free shipping on Amazon is going up.Read more
GFG named two new co-CEOs, Walmart International named Judith McKenna as its new CEO and a Louis Vuitton veteran announced his exit.Read more
Portugese mill Tintex is switching from the use of conventional cotton and has launched a new fabric range called Naturally Advanced Cotton by Tintex using four different premium and responsibly grown cottons.Read more