CFA, WELLS FARGO: Invitation to next "Crystal Ball" breakfast session, "Private Label vs Branded Manufacturing."
STOKES ME: SIMA Humanitarian Fund campaign kicks off this week with "Add-A-Buck" promotions in 76 core-store doors.
Details on Industry Insight.
Excluding car sales and gas-station sales, retail sales climbed 0.3 percent in November from the previous month as consumers spent more on clothes, electronics, food and furniture, the Commerce Department reported.
That could support the theory that there was some pent up demand out there as consumers cut expenditures in previous months.
Overall, U.S. retail sales fell 1.8% in November because of lower demand for cars and falling gasoline prices, but that was less than expected, the Wall Street Journal reported. However, retail sales fell 7.4 percent vs. November 2008.