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December Retail Sales Ticked Up, But Department Stores Slipped

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

U.S. retail sales rose 0.3 percent in December, in line with what most economists were expecting, but department stores fared worse than their specialty peers. On Thursday, the U.S. Census Bureau disclosed the tally for seasonally adjusted December retail sales, which also indicated a 5.8 percent jump over December 2018. Excluding food services, automobiles, gasoline and…

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