US October Retail Sales Tumble A Record 2.8%

[mandy]

Sales at furniture stores dropped 2.8%, sales at electronics and appliance stores fell 2.3%, and sales at hardware stores fell 0.4%. Sales at the mall were horrible. Department store sales dropped 1.3%, clothing store sales fell 1.4% and sporting and hobby stores sales fell 1.6%. As bad as those numbers are, they are slightly better than in September. Sales at grocery stores were flat, while sales at bars and restaurants rose 0.3%. Sales at health and personal care stores rose 0.4%. Sales at nonstore outlets, such as catalogs and online stores, fell 1.8%

full article: http://www.marketwatch.com/news/story/retail-sales-plunge-record-28/story.aspx?guid={F56DB54C-B12F-497A-9A98-39104131F861}&dist=msr_8