by Sonya Swink | Mar 20, 2020 | Featured, Retail
In another sign that coronavirus disrupted consumer spending, February’s numbers show initial slipping in retail sales downward after a slight tick up in January. Down 0.5%, numbers released from the Commerce Department show how American shoppers frequented department...
by Vrushank Nayak | May 20, 2019 | Featured, Retail
Joel Porras has been working at Bonobos, an e-commerce clothing subsidiary of Walmart for the past two years. As a sales associate, he guides clients into making their clothing choices when they come in to shop. But he graduated with a degree in Media Studies from...
by Vrushank Nayak | Apr 1, 2019 | Featured, Retail
When Ryan Paul leased his first car, he did it the old fashioned way: He went to a dealership, spoke to a salesperson and picked the car up after the the whole process was complete. But when Paul decided it was time to trade in his 2015 Audi for something new, he...
by Vrushank Nayak | Mar 30, 2019 | Retail
On Monday morning the Commerce Department will release the February retail sales report — a count of all the retail goods and services sold. Here are five things to look out for in the report when the numbers are released at 8:30 a.m. ET. 1. A Clearer Picture Since...
by Vrushank Nayak | Mar 25, 2019 | Featured, Retail
Retail sales rose moderately in January, hinting to a slowdown in the economy and a slower growth in consumer spending for 2019. Sales increased by 0.2 percent in the first month of the year, the Commerce Department said Monday. However, economists were surprised by...
by Vrushank Nayak | Feb 25, 2019 | Featured, Retail
Retail sales saw the biggest drop in nine years in December, hinting to a decline in consumer spending in 2018. Sales fell by 1.2 percent in the final months of the year, the Commerce Department said Thursday. The drop surprised economists, as they expected an...