
Bitter cold in the East and unseasonably warm weather in the West "battered" U.S. retail sales last week, but sales were still up, a trade group said Tuesday. The International Council of Shopping Centers said sales overall rose "by a slight 0.2 percent" from the previous week and "by a solid 2.2 percent" compared with the same week of 2013. That said, sales were "uneven," the trade group said, with consumer behavior dictated by weather conditions. "Mother Nature once again roared this past week, causing unevenness in sales results within the industry," the council said. "The latest week's sales were battered by abnormally warm temperatures in the West and bitter cold and snow in the East," Michael Niemira, the council's vice president of research and chief economist, said in a statement. "Although the regional unevenness was present due to the weather, most sectors were flat with or above last year's business, especially for wholesale clubs, electronics, office and other specialty stores, such as sporting goods, books, jewelry," Niemira said.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor