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Redbook US Same-Store Sales Rise in Week Ended Aug. 3
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Redbook US Same-Store Sales Rise in Week Ended Aug. 3
Aug 6, 2024 6:20 AM

08:55 AM EDT, 08/06/2024 (MT Newswires) -- Redbook US same-store sales rose by 5.1% from a year earlier in the week ended Aug. 3 after a 4.5% year-over-year increase in the previous week.

Redbook noted higher sales due to annual sales tax breaks in several states. Retailers offered promotions for back-to-school items. Residents of Florida focused on stocking up essential items and groceries to prepare for tropical storms.

Through the fourth selling week for July, sales were up 4.8% compared with July 2023, below the target for a 5.6% gain, Redbook said.

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