Tuesday, June 5, 2018
Same Store Retail Sales Slow, Still Strong
Same store sales were up 4.0 percent year-on-year in the June 2 week,
slowing by 0.3 percentage points following strong acceleration in the
prior week. Month-to-date sales versus the prior month were up 0.1
percent, while the full month year-on-year gain remained steady at 4.1
percent, matching the second strongest reading of the year. Strong sales
results by retailers in Redbook's same store sample continue to point
to strong ex-auto ex-gas retail sales.
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