by Alexandra Semenova | May 24, 2018 | Retail
The moment Vincent Battaglia returned from his vacation to India in April, he began planning his next trip in September. The 26-year-old, who works for the hotel competition-monitoring firm HQ plus in Los Angeles, said he and his partner spend most of their earnings...
by Alexandra Semenova | Apr 16, 2018 | Retail
The U.S. Census Bureau releases its advance monthly retail sales report for March on Monday. Economists surveyed by Bloomberg are forecasting a 0.4 percent increase in the headline number, the first gain for a relatively unimpressive quarter. Here are five things to...
by Alexandra Semenova | Mar 29, 2018 | Retail
The rise of Amazon and other online sellers has wreaked havoc on retailers across the country, leading to shuttered stores and lost jobs. But Mark Toto isn’t worried. Toto, owner of a Budget Blinds franchisee in Harrisburg, Pennsylvania said his store, which...
by Alexandra Semenova | Mar 19, 2018 | Retail
Sales at U.S. retailers fell unexpectedly in February, despite predictions that wage gains and increased paychecks from the Republican tax cut would stimulate consumer spending. Low gasoline prices and a decline in purchases of automobiles caused the 0.1% drop,...
by Alexandra Semenova | Feb 19, 2018 | Retail
Retail sales fell in January, interrupting a record of steady growth with the sector’s biggest decline in almost a year. The 0.3 percent drop in sales signals that optimism about consumer activity boosted by recent tax cuts and increasing jobs may be premature. Many...