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

just-style market research sale

Are you planning for the year ahead and beyond? Well this week we’re offering great deals on some of our market research......

BLOG

Gearing up for the holiday shopping season

The volume of US apparel imports saw an increase in October on the prior year as retailers geared up for the holiday shopping season. Bangladesh booked the second highest growth behind India, reversin...

BLOG

Innovations to boost sustainability

Hong Kong-based textile and apparel giant Esquel Group, the world's largest woven shirt maker, is pushing ahead with the pursuit of sustainable and holistic quality. ...

BLOG

Sign up to try new re:source apparel sourcing tool for free

The old saying "Good things come to those who wait" is certainly true for re:source, the new suite of data-driven sourcing tools being developed by the team here at just-style....

just-style homepage



Forgot your password?