United States witnessed another decline in Retail sales as buyers remained tight-fisted, bringing down the sales in July. In July, same-store sales dropped by 5.1%.

It may be noted here that retail sales were down by 4.9% in June.

Unpleasant weather, rising joblessness rate and a lack of tax-free holidays played a key role in bringing down sales.

Mall-based chains continue to be hit hardest as buyers focused on bargains and necessities.

Among the few exceptions are chains including Macy's Inc and Gap Inc, which reported sales gain that exceeded Wall Street projections.

Gap Inc. hopes to fetch quarterly profit of 30-32 cents per share. However, its same-store sales plunged 8% in July.

Another retailer, Gymboree said it witnessed 5% rise in revenue, though it suffered 1% fall in same-store sales.

However, Saks' sales dropped 16.3%, while Nordstrom's dipped 6.9%.

Limited Brands Inc's shares soared 15% after it reported less than expected fall in sales.

Abercrombie & Fitch Co, apparel retailer reported 28% fall in same-store sales in July.

TJX Cos Inc that operates T. J. Maxx and Marshalls chains reported a sales gain that exceeded Wall Street projections.