Digging into the Retail Sales report

|By:, SA News Editor

Department stores (DDS, M, SSI, BONT, SHLD, JCP, KSS, JWN) showed sluggish growth in May. Sales in the sub-category fell 1.4% M/M and 2.0% Y/Y.

As expected, building material & garden sales (HD, LOW) showed some late-spring strength. Sales rose 1.1% M.M and 4.6% Y/Y.

The catch-all miscellaneous store retailers category (ODP, PETM) packed the biggest month-over-month pop of all at 1.8%.

Full Retail Sales report (.pdf)