Chicago Year-over-year GAFO (general merchandise, apparel, furniture, sporting goods, electronics, hobby, books and other related store sales) retail sales increased 5.4% for the week ending Aug. 28, while sales slipped 4.6% versus the previous week ending Aug. 21, according to ShopperTrak’s National Retail Sales Estimate.
As expected, week-over-week sales continued to fall as the annually strong back-to-school shopping season essentially came to a close last week. ShopperTrak expects traffic fared slightly better than then 1.4% decline the company anticipated in late July, while sales are currently in line with the 3.5% increase originally predicted. Final back-to-school data will be released Sept. 7.
Looking at the year-over-year picture, ShopperTrak’s data shows GAFO retail sales continue to perform wel