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Demovictory9

(37,113 posts)
Wed Apr 15, 2020, 09:42 PM Apr 2020

clothing sales dropped 50%, grocery sales up 26% compared year over year [View all]

Retail sales saw their biggest drop on record in March as the coronavirus pandemic forced closures across restaurants, bars and many stores.

March retail sales dropped 8.7% vs. February and 6.2% year-over-year.

The largest monthly drop in retail sales every recorded was 4.3% in November of 2008 during the global financial crisis.

Last month sales at clothing and clothing accessory stores plummeted 50.5% compared to February and dropped 52% year-over-year, according to the National Retail Federation.

Sales at sporting goods stores fell 24.4% year-over-year, while grocery stores saw a surge in demand, with sales rising 25.7% year-over-year.

https://shop-eat-surf.com/2020/04/retail-sales-plunge-in-march-clothing-stores-take-biggest-hit/

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