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October Retail Sales Mixed

Costco leads in gains over 2013

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Costco Wholesale Corp. (Seattle) has increased its October 2014 retail sales 7 percent compared to last October, with the boost helping to offset lagging sales in other retail sectors, according to WSJ MarketWatch.

While the warehouse chain helped push the retail sales index higher than expected, specialty retailers, such as Gap Inc. (San Francisco) experienced a drop of nearly 2 percent over last year. A number of companies, including Kohl's Corp. (Menomonee Falls, Wis.) have already warned investors of disappointing October figures.

 

 

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