June Electronics, Appliance Store Sales Jumped 37.4% From May, Reports NRF
June retail sales at electronics and appliance stores increased 37.4% from May but declined 11.7% from June 2019, reported the National Retail Federation Thursday. Sales through online and other non-store channels were down 2.4% month over month, but up 30.2%…
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year over year, it said. Total U.S. retail sales in June were up 7.5% from May and up 1.1% from June 2019, the first year over year increase since February, said NRF. Retail sales “have been climbing back upward” after a record 14.7% decline in April, “the first full month that most stores were closed” due to COVID-19, it said.