NEW YORK – U.S. chain store sales (search) rose in the third week of June, as Father's Day, graduations and warmer weather drove sales, a report said on Tuesday.
Sales at major retailers rose by 4.1 percent on a year-over-year basis for the week ended June 18. Sales in June to-date were down 0.1 percent compared with the same span in May, said Redbook Research (search), an independent company.
"As warm weather rolled in retailers again saw strength in seasonal soft and hard lines such as swimwear, shorts, women's sportswear, air-conditioners, fans and sporting goods," Redbook said.
"Moreover, Father's Day (search) and graduation brought people into stores and drove traffic in sales of stationery, men's apparel, career wear and gift cards all of which produced positive spill over business in other product areas," Redbook added.
The Redbook data are compiled from a sample of same-store sales at general merchandise retailers representing about 9,000 stores. Same-store sales measure revenue at stores open at least one year.