November Same-Store Sales Slow

Retail same-store sales slowed to 3.3 percent growth in November, according to Kantar Retail. The results were challenged by relatively strong 2010 numbers and weaker performance outside of Black Friday. The sales-weighted composite was weaker than the 3.9 percent same-store sales gain last month and the 5.6 percent gain in November 2010. Tandy Leather factory posted the biggest increase in same-store sales at 13 percent, followed by Saks at 9.3 percent and Costco at 9 percent. The biggest decliner was Kohl's with a decrease of 6.2 percent, according to Kantar Retail. Retail sales growth into the holidays is reflecting