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Retail Sector Performs Strong In August

By Anthony Silva, WBZ NewsRadio 1030 New England Business Editor

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Reporting Anthony Silva

BOSTON (CBS) – The Retail Metrics same store sales index for August was up 5.9%, for those that were reporting. That’s the biggest gain since June 2011.

WBZ NewsRadio 1030′s Anthony Silva reports


Ken Perkins at Retail Metrics tells me the tax-free weekend and heavy promotions lured in shoppers. He notes Nordstrom was up 21%. Perkins says part of that was attributable to their anniversary sale. Many clothing retailers were particularly strong in August, according to Retail Metrics. Gap was up 9%, their discount brand Old Navy was up 12%, and TJX, parent of TJ Maxx, was up 8%.

Perkins says the hottest items were basics, and denim. He says the transition to color denim is extremely popular among teens.

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  • http://travel2boston.us/boston-news-headlines-and-stories-foraug-31-2012/ boston News Headlines and Stories for Aug 31 2012 : Travel tips, hotels, restaurants, jobs and news | Travel 2 Boston

    [...] some 40s in the suburbs this morning but warmed nicely into the lower 80s during the afternoon. Retail Sector Performs Strong In AugustThe Retail Metrics same store sales index for August was up 5.9%, for those that were reporting. [...]

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