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Clothing Stores Lead Positive July Retail Sales Results

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Retail sales hit $507.5 billion in July, representing a 0.5% increase over the previous month and a 6.4% boost over July 2017, according to the Census Bureau. The performance continues the positive momentum the economy has enjoyed this year. Both department and clothing stores had a good month. The former saw a 1.2% uptick to…

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