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Retail Sales Rose in August, But Department Store Sector Still Troubled

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Department store sales are still feeling some pain, but apparel specialty stores saw some good news in August. Retail sales rose 4.6 percent in August from a year ago, but just 0.4 percent on a seasonally adjusted basis from July, according to data from the U.S. Census Bureau released Friday. The computation excludes automobile dealers,…

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