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Holiday retail sales smash NRF expectations

Published 01/12/2018, 10:38 AM
© Reuters.  Holiday retail sales smash NRF expectations
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  • The National Retail Federation reports U.S. retail holiday sales increased 5.5% Y/Y to $692B to top by a wide margin the forecast for a 3.6% to 4.0% gain.
  • Online and other nonstore sales were up 11.5% to $138.4B to account for 20% of the tally.
  • Holiday sales by category (Y/Y): Building materials and supplies stores +8.1%, furniture and home furnishings stores +7.5%, electronics/appliance stores +6.7%, general merchandise stores +4.3%, clothing and accessories stores +2.7%, health and personal care stores +2.2%, sporting goods stores -0.5%.
  • Restaurants, automobile dealers and gasoline stations weren't included in the total referenced by the NRF.
  • National Retail Federation press release
  • ETFs: XLY, XRT, VCR, IBUY, RTH, RETL, FDIS, IYK, FXD, IYC, EMTY, SCC, RCD, UCC, PMR, UGE, CLIX, SZK, CNDF, FTXD, JHMC
  • Now read: Cyber Monday Was Great, But Inventory Looks At More Than Online Holiday Shopping


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