January 2012 National Retail Sales Results
JANUARY OVERVIEW
Consumers continue to move ahead in their spending patterns with most retailers posting solid positive comparable store growth. This news is consistent with recent unemployment numbers and contributes to our belief that the overall economy is regaining solid momentum.
Department stores typically anchor mall business and showed excellent growth in the January post-Christmas period. Nordstrom delivered stunning 8.7% comparable store growth, with Macys at 6.2% and Saks at 5.8%. The consumer spending spilled out to fashion specialty retailers like Limited Brands +7.0%. The discount apparel sellers like Ross +9.0% and TJX +8.0% also showcased a January to be proud of.
In January, total employment in the United States grew in excess of 200,000 jobs for the second consecutive month. The Labor Department reports 243,000 positions were added in the month and revisions show 203,000 were added in December.
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- Merchandise Buying and Global Product Development
- Merchandise Planning & Allocation
- Retail Finance & Accounting
- Retail Field Operations
- Human Resources
- Retail Multi-Channel Marketing
Click here for January National Retail Sales Results