U.S. retail sales receipts at chain stores rose 1.8 percent in the week ending Saturday, the International Council of Shopping Centers said Tuesday. The week-to-week gain came with a weekly average temperature that was 12.9 degrees Fahrenheit warmer than a year earlier and 9 degrees warmer than the weeks' long-term average, Weather Trends International said. Sales also rose 3.5 percent above the same week of 2011, the retail trade group said. Warm temperatures, which the ICSC called "incredibly large" put seasonal shopping on hold. The weather, "hurt the demand for such goods as space heaters, fire logs and auto batteries." However, the unseasonable warmth "may have gotten consumers thinking about spring fashion," the ICSC said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor