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Redbook US Same-Store Sales Rise in Week Ended May 18
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Redbook US Same-Store Sales Rise in Week Ended May 18
May 21, 2024 6:18 AM

08:55 AM EDT, 05/21/2024 (MT Newswires) -- Redbook US same-store sales rose by 5.5% from a year earlier in the week ended May 18 after a 6.3% year-over-year increase in the previous week.

Redbook noted that sales slowed down at the start of the week, though it improved later. Sales rose for apparel, gardening items and outdoor items as retailers offered discounts. Business in southern Texas and Louisiana is affected due to storms and floods.

Through the second selling week for May, sales were up 5.9% compared with May 2023, above the target for a 5.8% gain, Redbook said.

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