The slowdown was due to a strong June, when sales were up 5.5%,which dropped inventories. Heavy motor-vehicle demand, as well as adownturn in back-to-school purchases due to July's hot weather,also hindered the results.
Department stores fared the worst out of the retail categoriesmonitored by ICSC, inching up by 0.6% as a whole. The luxurysegment of the sector, up 4.7%, was well below its year-to-dateaverage of 8.2%. May Department Stores posted the biggest loss,falling 3.3%. On the high end, Neiman Marcus' year-on-year gain was8.8%.
Wholesale clubs were the strongest sector last month, reportinga 5% jump. Wal-Mart's Sam's Clubs had the best results, climbing5.1%, while Costco followed closely behind, at 5%.
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