WASHINGTON — Consumers took advantage of heavy discounting as the holiday season came to a close in December, driving up sales at apparel and accessories stores and general merchandisers, but pulling back on spending at department stores, the Commerce Department’s monthly sales report showed Tuesday.
Apparel and accessories stores posted a seasonally adjusted 1.8 percent increase in sales to $21.5 billion in December compared with November, while department stores posted a 0.7 percent decline to $14.4 billion. General merchandise stores, a category that includes discounters and department stores, saw a 0.1 percent increase in sales to $55.3 billion.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"