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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.
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.
The National Retail Federation (NRF) reports that retail sales slowed in June with the likely cause being continued consumer ...
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 ...
Retailers aren’t looking too eager to hire as economic uncertainty builds. The industry shed 6,000 jobs in February, the Bureau of Labor Statistics (BLS) reported Friday. The drop was modest ...
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.
Purchases on debit and credit cards at retail stores fell 0.7 per cent from the first quarter Read more at straitstimes.com.
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.