WASHINGTON (MNI) – The following is the text of the weekly retail
sales report released by Johnson Redbook Tuesday, for the month-to-date
through the week-ended October 15:
The Johnson Redbook Retail Sales Index was up 4.6% in the second
week of October following a 4.8% gain the prior week. Month-to-date,
September was up 4.7% compared to October of last year (relative to a
target of a 4.6% gain). Month-over-month showed a 0.6% drop compared to
September (relative to a target of a 0.7% drop). October is a four-week
month on the retail calendar ending October 29th.
At the beginning of the week consumers took advantage of Columbus
Day promotions. Cooler weather combined with the holiday provided the
consumer with the opportunity and motivation to shop. Sales on Halloween
merchandise started slightly later than last year and have picked up
gradually as this year’s Halloween falls one day later than last year.
We expect a significant portion of Halloween sales to come in the final
days before the holiday.
** Market News International Washington Bureau (202) 371-2121 **
[TOPICS: M$U$$$,MAUDS$]
