August 2013 National Retail Sales Results
August nationwide retail sales evidence a solid consumer confidence, but one well grounded in both fashion and value.
GAP and Limited released quarterly results, leading the fashion apparel segment with +7.0% and +2.0% comparable store increases, respectively. Footwear continues to be a defining fashion element for 2013 as shown by quarterly results from DSW, the leader at +4.4%.
Value-priced fashion retailers TJX and Ross have dialed-in their customer with targeted brand-oriented media advertising. Both had solid, +4.0% comparable store increases for the current quarter.
Home improvement giants Home Depot and Lowes have regained momentum with +10.7% and +9.6% increases for the second quarter. These values signal a critical turnaround for the consumer, now willing to invest further in their homes.
Click here for August 2013 National Retail Sales Results
