Retail Sales Gain in December
Commerce reported that December retail sales at $431.9 billion were up 0.2 percent compared to November and up 4.1 percent compared to December 2012, and NRF reported that December retail sales, which exclude autos, gas stations, and restaurants, were up 0.4 percent on a seasonally-adjusted basis from November and were up 4.6 percent on an unadjusted basis annually.
December retail sales, spurred by holiday shopping and retailer promotions, were up, according to data released by the National Retail Federation and the United States Department of Commerce this week.
Read more in Logistics Management
About the AuthorJeff Berman, Group News Editor Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
Subscribe to Modern Materials Handling Magazine!Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!
Mobile Solutions: Improving Supply Chain Efficiencies To meet customer's ever-increasing service expectations and improve their business efficiency, companies are looking to their supply chain operations – especially material handling and warehouse operations managers. Download Today!
From the February 2017 Modern Materials Handling Issue
Automated Storage on the Move Receiving 101: Setting the Table for Success View More From this Issue
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment. Register Today!