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...
by Barbara Marcolini | Apr 11, 2016 | Retail
By Barbara Marcolini It’s been unusually cold for Spring in New York, but even so, Erica Marques, 35, prefers to be out. On her first trip to the city, the Brazilian psychologist decided to avoid stores and restaurants – but it’s not because she...
by Barbara Marcolini | Apr 11, 2016 | Retail
By Barbara Marcolini The U.S. Census Bureau releases the March retail sales index on Wednesday, April 14, at 8:30 am. Economists surveyed by Bloomberg expect a modest increase of 0.1 percent in the headline number, but growth can be a little higher for core...