The Commerce Department reported a better-than-expected 0.7% increase in retail sales in November from the previous month, as most pockets of the sector reported strengthening sales.
The increase was better than the 0.4% jump that Wall Street economists had projected, and signaled that retail sales have accelerated from the more muted results that have been reported the past few months. The sales growth was the strongest that the Commerce Department reported since March of this year. Here is a look at some of the winners and losers of the retail sector.
The winners: Nearly every segment could fall into this category because growth was so broad, but there were a few standouts. Retail sales jumped 1.7% for the motor vehicle and parts dealers segment, and sales also increased 1.4% for the building material and garden equipment businesses. Health and personal care stores, as well as department stores, also…
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