Consumer Staples Lead Store Sales Higher

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U.S. store sales surged higher in the week ending September 7 with consumer staples leading the way. Grocery stores, drug stores, and wholesale clubs all reported very strong weeks. Department stores showed slightly softer results.

The ICSC-Goldman store sales index was up 2.3% from a year ago as compared to up 1.8% Y/Y the week prior.

The Redbook store sales index was up 4.6% year over year as compared to up 4.7% Y/Y the week prior.

Store Sales

Via: floatingpath.com

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