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U.S. retail sales rebound slows after extra jobless aid lapses
U.S. retail sales rebound slows after extra jobless aid lapses
WEDNESDAY, SEPTEMBER 16, 2020
The rebound in U.S. retail sales slowed by more than expected in August as federal relief for jobless Americans and small businesses dried up and the pandemic continued to weigh on activity.Record jump in retail sales sends stocks higher, but Fed chief warns economic recovery remains uncertain
Record jump in retail sales sends stocks higher, but Fed chief warns economic recovery remains uncertain
WEDNESDAY, JUNE 17, 2020
Shoppers bought clothing, furniture and sports equipment fueling a record spike in retail sales up 17.7% in May, in the latest sign that the economy could be beginning to recover from the worst economic crisis since the Great Depression.
U.S. retail sales fell in February ahead of virus impact
U.S. retail sales fell in February ahead of virus impact
TUESDAY, MARCH 17, 2020
U.S. retail sales fell in February by the most in a year, indicating the main driver of the U.S. economy, consumer spending, had begun to slow even before coronavirus containment measures began rippling through the economy.When even Target misses, it's time to worry
When even Target misses, it's time to worry
THURSDAY, JANUARY 16, 2020
There's an old saying in retail that despite all the bluster, not much really changes over the holiday shopping season: Those store groups that have been winning keep on doing so, while the losers continue to suffer.