facebook
twitter
rss
account
search
search
 

Retail sales up slightly in week

April 23, 2013 at 9:21 AM   |   Comments

NEW YORK, April 23 (UPI) -- U.S. retail receipts rose 0.8 percent in the week ending Saturday, a U.S. trade group said.

The International Council of Shopping Centers-Goldman Sachs weekly sales report said sales climbed 0.8 percent week to week and 1.9 percent compared to the same week a year earlier.

The trade group said it was a strong week for staples. Sales of basic items "seemed to perform best over the past week with notable improvement at grocery stores and discounters."

Business was weaker at a broad range of stores, including electronics, office supply, clothing, department stores and drug stores, the weekly consumer tracking survey found.

Weather Trends International Inc. said the week was slightly cooler than the same week of 2012.

Snow hit the Northern Plains and Rockies in the week, which not only keeps shoppers at home, but discourages sales of spring merchandise.

Meanwhile, gasoline prices dropped for the eighth consecutive week, the Energy Information Administration said.

In the latest week, gasoline prices shed 0.6 cents to an average Monday of $3.536 per gallon.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Apple sells 10 million new iPhones during the first weekend Apple sells 10 million new iPhones during the first weekend
2
Gazprom: Hungary ready for South Stream Gazprom: Hungary ready for South Stream
3
Iraq relying on oil wealth from Basra Iraq relying on oil wealth from Basra
4
Starbucks testing a latte that tastes like beer Starbucks testing a latte that tastes like beer
5
Arctic oil bound for Europe, Gazprom Neft says Arctic oil bound for Europe, Gazprom Neft says
Trending News
Video
x
Feedback