Retailers managed increases despite spotty traffic in June as consumers responded to promotions and more seasonal weather.
Among stores filing June sales results Thursday morning, Costco Wholesale Corp. registered the strongest increase, up 6 percent versus expectations of a 5.4 percent gain among analysts polled by Thomson Reuters. Wholesale clubs regularly were cited among the stronger distribution channels in the International Council of Shopping Centers’ weekly sales reports.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)