Blog: Leonie BarrieMixed May for retailers

Leonie Barrie | 8 June 2007

After a dismal April for most US retailers things could only have got better in May…and they did. There was some polarisation in the sector though, with high end retailers continuing to perform exceptionally well and lower end firms hitting back at the pressure of high energy prices with a wider range of promotions.

The weather also had an important role to play, with warmer temperatures helping to boost sales. In contrast, April results were marred by unseasonal weather and a calendar shift that pulled Easter results into the prior month.

Retailers and analysts cautioned that the combination of March and April results would be more indicative of the general tenor of business conditions. They also pointed out that figures from May, the first month of retailers’ second quarter, would be the first month in which retail numbers wouldn’t be either inflated or deflated by calendar anomalies and, as the month developed, weather. 

Retailers' May 2007 sales roundup


BLOG

China still dominates apparel sourcing

The latest full-year data on US apparel import trends for 2017 suggests China will remain the dominant sourcing region for some time to come....

BLOG

Retail's rapid transformation requires "platform thinking"

There’s no doubt the retail industry is undergoing rapid transformation as technology continues to reshape how retailers think about their supply chains and meeting their customers’ needs. But to posi...

BLOG

NAFTA trade talks inch forward

Negotiators are meeting this week for the sixth round of NAFTA trade talks – and as soon as this deal has been repackaged, the spotlight could turn to the US free trade agreement with Central America....

BLOG

How can apparel firms stay competitive into the future?

Continuing with the publication of our Outlook 2018 reports last week, we looked at what apparel firms should be doing now if they want to remain competitive into the future....

just-style homepage



Forgot your password?