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...
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,...
