U.S. chain store sales rise in early November

U.S. chain stores sales rose in the first retail week of November, boosted by strong sales of winter clothing, home furnishings, jewelry and electronics goods, a report said on Tuesday.

Sales gained 0.9% in the week ended Nov. 9 compared with the same period last month, Instinet Research said in its weekly Redbook report.

“Retailers reported an upswing in sales across a wide range of cool-weather apparel categories,” the report said. “Home furnishings, jewelry and electronics did well as special promotions drew in customers.”

The Redbook Average is compiled from a sample of general merchandise retailers representing about 9,000 stores. Same-store sales measure revenue at stores open at least a year.

The index is released weekly by Instinet Research, a division of Instinet, a Reuters-owned electronic brokerage.

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