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.