Retail Trade

Apparel Retail Sales in the US sees Good Jump

INFLATION HITS RETAIL SALES GLOBALLY

A report released by Wazir Advisors indicate that in the month of March 2022 the apparel store sales in the US reached US$ 17 billion 4% higher than Mar 2021.

On Year to Date bases the sales are 15% higher than 2021.

Online sales of clothing and accessories in 2021 stood at US$ 62 bn., which is 5% higher than 2020. In last four years, online sales have grown at a CAGR of >13%.

The home furnishing store sales were 9% higher than in Mar 2021 closing at US$ 5.9 bn 12% higher than 2021.

Related posts

UK consumer Confidence Affected due to Inflation

PS NewsDesk

WHY PRIMARK DOES NOT WANT TO GO ONLINE UNLIKE COMPETITORS??

Uniqlo Sees Jump in Sales

PS NewsDesk

Leave a Comment