U.S. Retail Sales Up 2.7 Percent in May

Same-store sales, excluding Walmart, saw a 2.7 percent gain in May, up from April's 1.2 percent increase, according to Retail Forward's monthly report for 30 retailers."These results provide some sign that the retail recovery will persist despite wea

April 6, 2018

Same-store sales, excluding Walmart, saw a 2.7 percent gain in May, up from April's 1.2 percent increase, according to Retail Forward's monthly report for 30 retailers.

"These results provide some sign that the retail recovery will persist despite wealth declines, economic uncertainties and shifting shopper behavior," says Frank Badillo, senior economist at Retail Forward.

Among the biggest gains: Neiman Marcus (7.8 percent), Zumiez (7.1 percent), Saks (5.8 percent), Limited Brands (5 percent), Ross Stores (5 percent), TJX (4 percent), Nordstrom (3.7 percent), Kohl's (3.5 percent) and Target (1.3 percent).

Among the biggest declines: Hot Topic (-9 percent), Duckwall-Alco (-9 percent), Buckle (-5.4 percent), Stein Mart (-4.5 percent) and JCPenney (-1.8 percent).

For a list of the retailers reporting and their results,

click here.

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