US Retail Sales and Traffic – August 2018: Clothing Retailers Shine while Store Traffic and Sales Continue to Decline
- Total US retail sales increased by 6.2% on a year-over-year basis in August, according to the US Census Bureau.
- Retail sales increased marginally by 0.1% month over month in August, on a seasonally-adjusted basis.
- Changes in store-based sales and traffic remained negative in August. While conversion rate remained marginally positive, average transaction value declined (1.3%) for the first time in five months whereas return rates declined slightly (0.1%), according to RetailNext. Retail traffic declined 5.4% year over year during August.
Total US retail sales increased by 6.2% on a year-over-year basis in August, according to the US Census Bureau.
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