Retail sales rose at healthy pace last month in latest sign of U.S. economy’s health
3 weeks, 1 day ago

Retail sales rose at healthy pace last month in latest sign of U.S. economy’s health

LA Times  

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season. Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October’s 0.5% gain. Analysts envisioned a solid holiday shopping season, though perhaps not as robust as last year’s, with many shoppers under pressure from still-high prices despite the easing of inflation. And Mastercard SpendingPulse, which tracks in-person and online spending, reported that overall Black Friday sales excluding automotive rose 3.4% from a year ago.

Holiday Shopping Retail Sales Fed Rate Stores Retail Sales  solid  days  sales  sign  rose  economys  stores  latest  healthy  shopping  rate  gain  retailers  pace  health  retail  month  holiday

History of this topic

Holiday shoppers increased spending by 3.8% despite higher prices
Trending News
1 week, 6 days ago

Holiday shoppers increased spending by 3.8% despite higher prices

Associated Press  

Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit …

We spent more on restaurants and clothing over the holidays, Mastercard says
1 week, 6 days ago

We spent more on restaurants and clothing over the holidays, Mastercard says

Salon  

Retail sales over the holiday season increased 3.8% over last year as people visited restaurants and purchased clothes and jewelry, according to Mastercard SpendingPulse, which tracks payments. The NRF will release a broader picture next month of how Americans are spending, with two months of statistics from the Commerce Department that show sales in November and December. Holiday shoppers planned …

Festive gloom for High Street as sales slump
Trending News
2 weeks, 4 days ago

Festive gloom for High Street as sales slump

Daily Mail  

Beleaguered retailers are suffering a 'gloomy festive period' according to figures that add to the broader picture of economic woe in the wake of the Budget. CBI principal economist Martin Sartorius said: 'Retailers have endured a gloomy festive period, with annual sales declining for a third consecutive month. Gloom: The CBI's retail survey found that sales this month were 'poor' …

Labour's economic nightmare before Christmas as shoppers close their wallets: Retailers blame the Budget as sales fall for the third month in a row while families wait for bargains
2 weeks, 5 days ago

Labour's economic nightmare before Christmas as shoppers close their wallets: Retailers blame the Budget as sales fall for the third month in a row while families wait for bargains

Daily Mail  

Labour's Budget is being blamed for a sluggish Christmas shopping period as shops struggle to get hard-pressed families to part with their cash. Food sales underpinned a 0.2 per cent rise in business, lower than the 0.5 per cent rebound forecast by economist, after retail sales fell 0.5 per cent in October. British retailers returned to growth last month, up …

Retailers point to solid U.S. sales over holiday weekend
1 month ago

Retailers point to solid U.S. sales over holiday weekend

Raw Story  

U.S. consumers turned out in force in stores and online over the Thanksgiving weekend, a key stretch in the holiday shopping season, a leading retailer group said Tuesday. A total of 197 million shoppers, about 59 percent of the U.S. population, made purchases during a five-day stretch that includes Black Friday and Cyber Monday, according to figures from the National …

Retail 'golden quarter' under pressure as sales disappoint again in November
1 month ago

Retail 'golden quarter' under pressure as sales disappoint again in November

Daily Mail  

Retailers faced lacklustre sales again in November as weak consumer confidence continues to weigh on the sector's 'golden quarter'. Non-food online shopping sales figures slumped by 10.3 per cent year-on-year in November, new data from the British Retail Consortium and KPMG Retail Sales Monitor shows. Total retail sales fell by 3.3 per cent year-on-year in November, against growth of 2.6 …

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024
1 month, 1 week ago

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024

Live Mint  

The National Retail Federation has projected that winter holiday spending for November and December will increase by 2.5% to 3.5% over 2023. Strong holiday spending Despite a cautious consumer outlook, NRF President and CEO Matthew Shay emphasized that the economy remains fundamentally strong, providing solid support for spending growth. “The winter holidays are an important tradition to American families, and …

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers
Trending News
1 month, 1 week ago

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

Associated Press  

NEW YORK — It’s show time. After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. “People come to get the deals, but more importantly, they come …

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season
1 month, 1 week ago

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

LA Times  

The Christmas tree is a big attraction on Black Friday at South Coast Plaza in Costa Mesa. “Honestly, you’ve got to come in with the mentality: It’s Black Friday,” said Gus Aguirre, a Simi Valley barber, who said his family never misses the biggest shopping day of the year. They suspected they could get the same sort of deals during …

Why retailers still see Black Friday as the high point of the holiday shopping season
Trending News
1 month, 1 week ago

Why retailers still see Black Friday as the high point of the holiday shopping season

Associated Press  

NEW YORK — After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. It’s a better experience.” In the U.S., analysts envision a solid holiday shopping …

US consumer price increases accelerated last month with inflation pressures resilient
1 month, 1 week ago

US consumer price increases accelerated last month with inflation pressures resilient

Associated Press  

WASHINGTON — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. Yet excluding the volatile food and energy categories, so-called “core” prices also …

More deals, more spending: What Black Friday has in store
1 month, 1 week ago

More deals, more spending: What Black Friday has in store

NPR  

More deals, more spending: What Black Friday has in store toggle caption Sarah Silbiger/Getty Images This week officially kicks off the busiest shopping period of the year — it's joy and chaos for shoppers and a make-it-or-break-it season for most retailers. But that's not the whole story: A greater share of people also plan to splurge this holiday season, according …

What Black Friday’s history tells us about holiday shopping in 2024
1 month, 1 week ago

What Black Friday’s history tells us about holiday shopping in 2024

Associated Press  

NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The term “Black Friday” is several generations old, but it wasn’t always associated with the holiday retail frenzy that we know today. Jie Zhang, a professor of marketing at the University of Maryland’s Robert …

Price warning as 17-month run of falling shop inflation ends
1 month, 1 week ago

Price warning as 17-month run of falling shop inflation ends

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A 17-month-long run of falling shop inflation has ended, with …

‘If you mark it down, they will come.’ What to expect from retailers this holiday season
1 month, 1 week ago

‘If you mark it down, they will come.’ What to expect from retailers this holiday season

CNN  

CNN — Santa’s checking his list, elves in tow, as a model sailboat and selection of beach tees hang on the wall behind him. “The consumer has got firepower and is able to out and spend, so it’s not going to be a miserable holiday by any standards,” said Neil Saunders, retail analyst and managing director at GlobalData Retail. Bing …

US consumers to bargain hunt in annual 'Black Friday' spree
1 month, 2 weeks ago

US consumers to bargain hunt in annual 'Black Friday' spree

Deccan Chronicle  

NEW YORK: US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded. Americans are "ready to open their wallets this holiday season," said the Conference Board ahead of Black Friday -- the day after Thanksgiving, which this year, falls on November 28 -- that …

Walmart earnings: Holiday shopping is off to a strong start
1 month, 2 weeks ago

Walmart earnings: Holiday shopping is off to a strong start

Live Mint  

Walmart said U.S. sales rose during the most recent quarter as shoppers bought more groceries, home goods and toys, a sign that spending is off to a steady start at the start of the holiday shopping season. The results Sales: U.S. comparable sales, those from stores and digital channels in operation for at least 12 months, rose 5.3% for the …

Walmart heads into official start of holiday season with strong momentum after robust 3Q results
1 month, 2 weeks ago

Walmart heads into official start of holiday season with strong momentum after robust 3Q results

Associated Press  

NEW YORK — Walmart is heading into the official start of the holiday shopping season with strong tailwinds after ratcheting up better-than-expected fiscal third-quarter sales in many items including toys, home goods and groceries. The robust results, announced Tuesday, underscore how Walmart’s comparatively low prices have become a powerful draw for shoppers seeking to cut spending where they could in …

Retail sales up solidly in October as Americans showed continued willingness to spend
1 month, 3 weeks ago

Retail sales up solidly in October as Americans showed continued willingness to spend

Associated Press  

WASHINGTON — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. “People may not love how much it costs to go …

Retail sales up solidly in October as Americans showed continued willingness to spend
1 month, 3 weeks ago

Retail sales up solidly in October as Americans showed continued willingness to spend

LA Times  

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. Sales in some categories fell — furniture stores, clothing outlets and drug …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

U.S. shoppers spent more at retailers last month in latest sign consumers are driving growth
2 months, 3 weeks ago

U.S. shoppers spent more at retailers last month in latest sign consumers are driving growth

LA Times  

Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices. The retail sales figures aren’t adjusted for inflation, and the prices of goods fell slightly last month. Thursday’s retail sales report arrives amid expectations for a solid holiday shopping season, …

Early Bird Shopping: As Retailers Embrace Festive Decor, Flavors and Deals, Consumers Embrace the Season Earlier
2 months, 3 weeks ago

Early Bird Shopping: As Retailers Embrace Festive Decor, Flavors and Deals, Consumers Embrace the Season Earlier

Hindustan Times  

Shoppers embrace early holiday spirit as retailers push seasonal products earlier in the year. With Thanksgiving and Christmas falling on Nov. 28 and Nov. 1 respectively, retailers are bringing out their festive collections weeks before the traditional start of the holiday shopping season. This year, with inflation-weary shoppers seeking deals on non-traditional items, stores are scrambling to get shoppers to …

Retail sales rise in August despite hit to consumer confidence
3 months, 2 weeks ago

Retail sales rise in August despite hit to consumer confidence

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy British retailers saw sales rise …

U.S. retail sales ticked up last month in sign of ongoing consumer resilience
3 months, 3 weeks ago

U.S. retail sales ticked up last month in sign of ongoing consumer resilience

LA Times  

Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate. 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. Average paychecks, particularly …

U.S. shoppers sharply boosted spending at retailers in July despite higher prices
4 months, 3 weeks ago

U.S. shoppers sharply boosted spending at retailers in July despite higher prices

LA Times  

Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. The Commerce Department reported Thursday that retail sales jumped 1% from June to July, the biggest such increase since January 2023, after having declined …

This Week: Consumer price index, retail sales, housing starts
4 months, 3 weeks ago

This Week: Consumer price index, retail sales, housing starts

Associated Press  

A look at some of the key business events and economic indicators upcoming this week. Economists predict the consumer price index rose 3% in July from as year earlier, matching June’s pace. Consumer price index, annual percent change, not seasonally adjusted: Feb. 3.2 March 3.5 April 3.4 May 3.3 June 3.0 July 3.0 Source: FactSet SIZING UP RETAIL SALES The …

Retail sales unchanged in June from May, underscoring shoppers' resilience
5 months, 3 weeks ago

Retail sales unchanged in June from May, underscoring shoppers' resilience

Associated Press  

NEW YORK — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy Retail sales were unchanged in June from May, after being revised upward to a 0.3% increase in May, according to the Commerce Department report Tuesday. AP AUDIO: Retail sales unchanged in June …

Ongoing sales have boosted spending during a cost-of-living crisis. Will shoppers pay the price with an interest rate rise?
5 months, 4 weeks ago

Ongoing sales have boosted spending during a cost-of-living crisis. Will shoppers pay the price with an interest rate rise?

ABC  

Australia's struggling retail sector has been given a glimmer of hope, with rolling sales encouraging shoppers to spend — but economists warn that it may come with the price of another interest rate hike by the Reserve Bank. The recent jump in retail spending, boosted by clothing and footwear retailers offering big discounts and earlier-than-usual sales seasons, has increased expectations …

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
6 months, 3 weeks ago

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

Associated Press  

NEW YORK — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Earlier this month, the government reported that America’s employers added a robust 272,000 jobs in May, accelerating from April and an indicator that companies are still bullish enough in the economy to keep hiring …

This Week: Existing home sales, retail data for May and Kroger’s first-quarter results
6 months, 3 weeks ago

This Week: Existing home sales, retail data for May and Kroger’s first-quarter results

Associated Press  

A look at some of the key business events and economic indicators upcoming this week: RETAIL RECEIPTS The Commerce Department on Tuesday reports retail sales data for May. Retail sales, monthly percent change, seasonally adjusted: Dec.: 0.4 Jan.: -1.1 Feb.: 0.7 March: 0.7 April: 0.0 May : 0.3 Source: FactSet KROGER RESULTS Grocery chain Kroger reports its first-quarter sales and …

The cost-of-living crisis is seeing retailers have near-constant sales, and experts say it's a warning sign for the economy
7 months, 1 week ago

The cost-of-living crisis is seeing retailers have near-constant sales, and experts say it's a warning sign for the economy

ABC  

After navigating her small business through the pandemic, Sara Crampton was confronted with a different challenge in April last year. "With how our business works, we're buying products six months ahead of time, so we couldn't quickly change our strategy," she told The Business. "At that point in time, you're not quite sure if you're the only business that's going …

Retail sales were unchanged in April from March as inflation and interest rates curb spending
7 months, 3 weeks ago

Retail sales were unchanged in April from March as inflation and interest rates curb spending

Associated Press  

NEW YORK — Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales were unchanged, coming in well below economists’ expectations, and follow a revised 0.6% pace in March, according to Commerce Department data released Wednesday. The retail sales figure came out on the …

How online shopping is saving the bricks-and-mortar store
8 months ago

How online shopping is saving the bricks-and-mortar store

Live Mint  

Store owners once viewed e-commerce as a mounting threat to their survival. Kohl’s now fulfills more than a third of its online orders in stores, Walmart more than half, and Target nearly all its sales from its network of roughly 2,000 locations, according to the companies. The pandemic sped up the integration of online and in-store shopping, as mandated closures …

Hopes of Easter bounce for shops are dashed as retail sales flatline with Brits still struggling to cope with high food costs
8 months, 2 weeks ago

Hopes of Easter bounce for shops are dashed as retail sales flatline with Brits still struggling to cope with high food costs

Daily Mail  

Hopes of an Easter bounce for shops have been dashed after retail sales flatlined last month. In a small bright spot, February's retail sales data was revised up from a previous estimate of zero growth to 0.1 per cent. ONS senior statistician Heather Bovill said: 'Retail sales registered no growth in March. 'However, these gains were offset by falling food …

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
8 months, 3 weeks ago

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

Associated Press  

NEW YORK — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data released Monday. This is one of the strongest retail sales reports we’ve …

February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy
9 months, 3 weeks ago

February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy

Associated Press  

NEW YORK — Americans picked up their spending a bit in February after pulling back the previous month. Retail sales rose 0.6% last month after falling a revised 1.1% in January, dragged down in part by inclement weather, according to the Commerce Department’s report on Thursday. February’s number was also lifted in part by higher gas prices as well as …

US inflation up again in February in latest sign that price pressures remain elevated
9 months, 3 weeks ago

US inflation up again in February in latest sign that price pressures remain elevated

Associated Press  

WASHINGTON — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year. Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%, …

America’s economy slowed—it probably won’t stumble
10 months, 3 weeks ago

America’s economy slowed—it probably won’t stumble

Live Mint  

The U.S. economy took a breather in January following brisk growth at the end of last year, but it remains fundamentally healthy. Technical issues with how the retail sales data was seasonally adjusted might have weighed on the reading, and cold weather in January likely had an impact on both retail sales and industrial production. Within the retail sales report, …

Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season
10 months, 3 weeks ago

Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season

Hindustan Times  

NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge. HT Image Retail sales fell 0.8% in January from the strong pace in December when they rose a revised 0.4%, according to the Commerce Department's report on Thursday. The retail sales report could offer positive news that the Federal Reserve could …

Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season
10 months, 3 weeks ago

Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season

Associated Press  

NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge. Retail sales fell 0.8% in January from the strong pace in December when they rose a revised 0.4%, according to the Commerce Department’s report on Thursday. The retail sales report could offer positive news that the Federal Reserve could finally start …

Inflation slows but remains elevated, a sign price pressures are easing only gradually
10 months, 3 weeks ago

Inflation slows but remains elevated, a sign price pressures are easing only gradually

LA Times  

U.S. consumer prices rose more than expected in January, further reducing the chances that Federal Reserve officials will start lowering interest rates soon. At his most recent news conference, Fed Chair Jerome H. Powell singled out persistently high services prices as a concern and indicated the central bank’s policymakers would like to see services inflation ease further before starting to …

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
11 months, 1 week ago

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Grocery prices were 6.8% more expensive than a year …

Retail sales up strongly in December as Americans showed continued willingness to spend
11 months, 3 weeks ago

Retail sales up strongly in December as Americans showed continued willingness to spend

Associated Press  

NEW YORK — Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely. Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% …

Grocery inflation sees fastest monthly drop as households spend all-time high
1 year ago

Grocery inflation sees fastest monthly drop as households spend all-time high

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket inflation has seen its …

Holiday spending is up. Shoppers are confident, but not giddy
1 year ago

Holiday spending is up. Shoppers are confident, but not giddy

NPR  

Holiday spending is up. Shoppers are confident, but not giddy Enlarge this image toggle caption Brandon Bell/Getty Images Brandon Bell/Getty Images Retail spending in the 2023 holiday season rose just over 3% year-over-year, marking a return to pre-pandemic consumer spending trends even as credit card debt is on the rise and federal student loan payments have kicked back in. Sponsor …

Americans ramped up spending during the holidays despite some financial anxiety and higher costs
1 year ago

Americans ramped up spending during the holidays despite some financial anxiety and higher costs

Associated Press  

NEW YORK — Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure. This year’s sales are more in line with what is typical during the holiday season, however, after a surge in spending last year during the …

Americans ramped up spending during the holidays despite financial anxiety, higher costs
1 year ago

Americans ramped up spending during the holidays despite financial anxiety, higher costs

LA Times  

Holiday sales rose in 2023 even as shoppers deal with still stubborn inflation in some areas as well as other financial worries, according to one measure. Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to one closely watched measure. This …

Still haven't bought holiday gifts? Retailers have a sale for you
1 year ago

Still haven't bought holiday gifts? Retailers have a sale for you

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I think this is a more challenging year than …

Discover Related