The sporting goods/hobby/book and music store segment posted an adjusted decline in April sales to $7,134 million from $7285 million. On an unadjusted basis, segment sales were down 06% to $6285 million from $6323 million. The result, on both an adjusted and unadjusted basis, were an improvement from Q1 monthly results. For the four months ended Apr.30, sporting goods/hobby/music store segment sales were off 6.0% to $24,692 million, the US.S Commerce Dept. reported.
U.S. retail and food sevice sales in April, adjusted for variation and holiday and trading-day difference, rose 4%to $434.6 billion, according to monthly data released by the U.S Commerce Dept. While analysts describle the monthly sales figures as weaker than anticipated.
Meanwhile, comScore reported double-digit spending growth in e-commerce and m-commerce in Q1, rising 12% to $56.1 billion. Apparel & Accoeesries and Sports & Fitness were two of the top-performing categories during the period, each growing at least 13%.
