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Retail sales rose in Oct. ahead of holiday season
Retail sales up solidly in October as Americans showed continued willingness to spend
A 1.6% jump in sales at auto dealers drove much of the gain. Purchases climbed 2.3% at electronics and appliances stores and 0.7% at restaurants and bars. Though some of October’s rise in retail sales reflected higher prices, it mainly indicated increased purchases.
Retail Sales Rose More Than Expected in October
American shoppers have spent more than expected so far this fall at retail establishments and restaurants. U.S. retail and food-service sales rose 0.4% in October from September in seasonally adjusted terms to $718.
Retail sales rose in October ahead of holiday season
October's retail sales figures suggest that the economy is growing briskly again in the current quarter, after having expanded at a sturdy 2.8% annual rate in the previous quarter.
7h
on MSN
This startup brings in $162 million a year helping people find food at huge discounts: It's ‘the most genius app'
Copenhagen-based Too Good To Go wants to help reduce global food waste, an estimated $1 trillion problem. Here’s the food ...
Crain's Detroit
1d
Corktown restaurant owner to open retail store inside Michigan Central Station
Folk Detroit restaurant owner Rohani Foulkes will open Neighbor X Folk on Nov. 22 inside Michigan Central Station. Neighbor X ...
Restaurant Business
12d
As grocers think more like restaurants, IFMA changes name to broaden food-away-from-home focus
The International Foodservice Manufacturers Association has become The Food Away from Home Association to embrace ...
KTAL Shreveport on MSN
12d
Biden-Harris Administration, USDA awards $5.8M to food retailers and suppliers
Food retailers, farmers, and suppliers selling fresh and affordable foods to underserved communities were awarded nearly $5.8 ...
Opinion
NOLA.com
9d
Opinion
Guest column: In food deserts, don’t just invest in grocery stores. Invest in their customers, too.
Don’t just invest in grocery stores, invest in their customers, too. Otherwise, if we deploy the same business-first strategy that has been tried before in other food deserts, we can expect the same ...
11h
on MSN
Restaurant breaks ground at old Springfield mill; gluten-free food truck sets up in Ozarks
This week in 417 food news, a new restaurant breaks ground at Springfield's old flour mill, a gluten-free food truck sets up ...
4d
Retail inflation at 14-month high on costlier fruits, vegetables, meats and other food items
Food and beverages, which accounts for 45.86 per cent of the total weight of Consumer Price Index (Combined), registered an ...
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