US economy on solid ground as retail sales surprise on the upside
WASHINGTON, Sept 17 (Reuters) - U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy remained on solid footing through much of the third quarter.
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.
US retail sales see slight rise
US consumer spending rose only slightly in August, government data showed on Tuesday, with consumers appearing to shift toward essentials in the face of high interest rates. Overall retail sales rose unexpectedly by 0.
UK retail sales rise by more than expected in August
LONDON, Sept 20 (Reuters) - British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday. Economists polled by Reuters had forecast a monthly rise of 0.4% in sales volumes last month.
US retail sales unexpectedly rise, lowering odds for big rate cut
US retail sales unexpectedly rose last month — a surprisingly strong result that likely lowers the odds for a large rate cut this week from the Federal Reserve.
Retail CEOs are facing a brutal reckoning
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...
Retail Alliance offers advice to retailers in post-pandemic economy
Inflation is playing a big part in how people are spending their money, with 70% of people having changed their spending ...
Rite Aid’s answer to retail theft at Compton store: Lock up all its products
In a move to combat retail theft, a Compton Rite Aid put a majority of its products behind lock and key. The community is ...
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose in August, pointing to healthy consumer demand that continues to underpin the economy.
ABC News5d
US retail sales ticked up last month in sign of ongoing consumer resilience
Retail sales ticked up 0.1% from July to August, after jumping the most in a year and a half the previous month, the Commerce Department said Tuesday. Online retailers, sporting goods stores ...
Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says
Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ross, positioning the stocks ...
Ocado Retail Lifts Sales Guidance After Bumper Quarter
Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the ...
grocerydive4d
Key takeaways from the industry’s first in-store retail media standardizations
IAB’s newly published set of definitions and measurement standards aims to improve transparency and consistency.
Pocketbook issues front of mind as Target, Best Buy launch holiday retail season
Both Target and Best Buy have acknowledged they must work hard to entice consumers who are shopping more selectively.
Retail Spending Rise Bolsters Year-End Outlook
Census Department data for August shows consumers defied economists' predictions of shrinking retail spending, setting the ...