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National Retail Federation (NRF) chief economist Jack Kleinhenz has warned US tariff turmoil and policy shifts are driving ...
The holiday shopping season was successful for U.S. retailers. A preliminary report from Mastercard SpendingPulse shows that 2024 holiday sales increased 3.8% over 2023’s holiday season.
The National Retail Federation (NRF) reports that retail sales slowed in June with the likely cause being continued consumer ...
Retail sales account for about a third of overall spending in the US. Weak consumer spending figures are adding to concerns that the US economy is slowing, and perhaps heading into a recession.
Retail sales were unchanged in June from May, after being revised upward to a 0.3% increase in May, according to the Commerce Department report Tuesday. Last month, April sales were revised ...
"Core" retail spending, which excludes car, gas and restaurant sales, ros about 4.2% from May 2024 to May 2025, the National ...
Retail sales dropped 0.9% last month, the biggest decrease since March 2023, after an upwardly revised 0.7% increase in December, the Commerce Department’s Census Bureau said.
When it comes to consumer preferences and business strategies, sustainability is driving an industry transformation in retail. As nearly one-third of shoppers rank eco-friendliness as the most ...
Beasley said the percentage of retail business going to online sales here is about 15 percent and predicted it would never go above 25 percent, which presents opportunity. “Retailers know that.
The British Retail Consortium, a lobby group, has pointed to a huge rise in costs as retail’s current biggest problem, as tax hikes on wages and packaging add millions to business bills.
China’s economy showed signs of slowing in April as President Donald Trump’s trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast.