October misses mark, but barely

November 2003
Home Textiles Today;11/10/2003, Vol. 25 Issue 11, p20
Trade Publication
The Redbook Retail Sales Average reported that same-store retail sales for all four weeks of October 2003 rose by 3.4 percent, missing the targeted goal of 3.8 percent. This was brought about by the Halloween celebrations and West Coast wildfires. It is noted that sales rose by 1.1 percent over October, compared to a targeted gain of 1.5 percent. Department, eking out a modest gain and reversing a two-year losing streak, advanced by 1.6 percent, but missed a targeted gain of 1.9 percent. Mass merchants posted a gain for all of October of 4.6 percent over 2002 levels, but fell short of a target of a 5.1 percent gain.


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