The warm summer months have not only lured people out of their homes to take advantage of the pleasant weather, but it seems as though the season has also resulted in a pick up in consumer spending. For retailers throughout the United States, this is welcome news, as they stock their shelves with summer merchandise to bring in more patrons and boost their sales.

According to recent data from Thomson Reuters, U.S. retail stores that have been open for more than a year have released their initial reports for June's sales, and most saw a strong rise in their revenues. While the official statistics have yet to be released, Reuters noted that analysts have forecast a 3.6 percent overall increase from May's retail sales. Retail sales jumps of more than 3 percent are indicative of solid consumer spending, the news source explained.

Dow Jones Business News reported that improving weather conditions following a particularly cold winter are one contributing element to better retail sales. U.S. merchants are anticipating even better sales in the coming months, as many gear up to begin their back-to-school campaigns.

This entry was posted by Retail Pro on Friday, July 12th, 2013 at 9:51 am .