July 2012 National Retail Sales Results
We're delighted to report that July has set the
groundwork for an exciting transition to fall season. Preliminary reports
are showing that 70%+ of nationwide retailers met and exceeded their July sales
expectations, even during this transitional sales month. Nothing could be more
encouraging as we approach the fall selling season.
Limited was up a whopping 12% and even GAP
posted a 10% increase for July. The consumer is responding to sales promotion,
giving evidence that store traffic is strong and consumers are looking for
solutions. The long-challenged Hot Topic was able to deliver a 3.9% increase
for July, their largest in some time.
If you assume that performing retailers are
hiring then you assume correctly. Talent acquisition is continuing at a robust
clip. New talent delivers new ideas and strategy essential to getting the
customers' attention.
