New York, July 3 (BridgeNews) - U.S. retailer sales through the fourth week of June ending June 30 were down 1.3% from May on a seasonally adjusted basis, the Instinet Redbook Research weekly survey said. That compares with the same 1.3% decline in the third week of June.
In the latest week, sales were slower among both department stores and discount stores. But with one more week to go for the fiscal month, many companies in the survey said that they will be close to their sales plans for the month, Redbook said.
Out of all the retailers, department stores seemed to have showed the worst performance, while discounters fared relatively better, Redbook said.
In terms of merchandise, home furnishings, women's apparel, swimwear, footwear and healthy and beauty products sold well.
Some retailers also said they saw double-digit gains in food and consumables while others noted that sporting goods and garden equipment sales lagged.
On a regional basis, Redbook said that the Southwest outperformed the rest of the country. on a year over year basis, sales were up 1.4% compared with the month of June 2000 and up 1.4% compared with the same week last year.