ShopperTrak: Week-over-week sales up 1.3%
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ShopperTrak’s National Retail Sales Estimate (NRSE) Wednesday reported that year-over-year GAFO retail sales increased 3.9% for the week ending July 24 while sales rose 1.3% versus the previous week ending July 17.Both yearly and weekly sales increased last week as warm weather throughout the country continued to drive sales of seasonal, summer merchandise, according to ShopperTrak. Additionally, consumers most likely responded to “Christmas in July” promotions and sales offered by a number of retailers last week, also boosting GAFO sales performance. To date, ShopperTrak reports year-over-year retail sales have increased 25 out of 30 weeks so far this year.“Christmas
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