GO
Loading...

Enter multiple symbols separated by commas

Electronics Sales Glowing, Apparel Drab

The retail figures are in for November: So far, so good. Retail sales rose 1% last month, compared to the previous month. Excluding autos, sales rose 1.1%. Electronics rose 4.6%, leading the pack.

Citigroup retail analyst Kimberley Greenberger called the big jump in technology goodies “surprising.” It was the category's biggest gain since January. She told “Morning Call” that electronics buoyed up the S&P retail index, which gained 0.50% in November – despite lackluster apparel sales.

Retail

Latest Special Reports

  • Financial Advisor

    Featuring CNBC's Financial Advisor Council, this video series will aim to educate investors with straightforward financial advice.

  • The latest CNBC Fed Survey.

  • Business icons and provocateurs share their innovative models. Learn how to upend old industries, and start new ones.