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August 2018 US Retail Sales and Traffic: Clothing Retailers Shine while Store Traffic and Sales Continue to Decline

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors: Vineeth Gangadharan
Insight Report

Executive Summary

Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports.

Our US Monthly Retail Sales and Traffic Report reviews year-over-year changes in selected store-based metrics, including sales, traffic and conversion rates.

Highlights from our August Retail Traffic report:

  • Total US retail sales increased by 6.2% on a year-over-year basis in August, according to the US Census Bureau.
  • Retail sales increased marginally by 0.1% month over month in August, on a seasonally-adjusted basis.
  • Changes in store-based sales and traffic remained negative in August. While conversion rate remained marginally positive, average transaction value declined (1.3%) for the first time in five months whereas return rates declined slightly (0.1%), according to RetailNext. Retail traffic declined 5.4% year over year during August.
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