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E-Commerce Leads US Retail Sales Gain in June

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Retail sales rebounded in June as U.S. consumers stepped up their spending—selectively.

According to a Commerce Department report released Friday, total retail trade sales were up 0.7% from May 2016 and up 2.4% from last year. But sales at clothing and clothing accessories stores decreased 0.9% year-over-year to $21.1 billion, also signaling a 1 percent drop from May.

Meanwhile, general merchandise stores reported a 0.2% decline in sales compared to June 2015 to $56.1 billion, but this was a 0.4% improvement versus the prior month. Within that category, department store sales were $13.2 billion—down 3.7% year-over-year but up 0.7% from May.

Read more at Sourcing Journal.

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