NRF: Retail Sales Gains Continue in May

NRF: Retail Sales Gains Continue in May

The National Retail Federation has stated retail sales rose again in May as consumers continued to spend despite economic challenges. Citing United States Census Bureau research, NRF noted that overall retail sales in May were up 0.3% from April and 1.6% year over...
NRF: Retail Sales Make April Comeback

NRF: Retail Sales Make April Comeback

Retail sales regained momentum in April with both month-over-month and year-over-year growth, according to the National Retail Federation. The United States Census Bureau today said overall April retail sales were up 0.4% from March and 1.6% year over year. In March,...
Costco Enjoys April Gains

Costco Enjoys April Gains

In April, Costco Wholesale Corp. sales gained across its division led by food and consumables. The company recorded net sales of $17.85 billion for the month, an increase of 3% from the April a year earlier. Comparable store sales excluding the effects of fuel and...
NRF: Inflation Worries Weigh on May Sales

NRF: Inflation Worries Weigh on May Sales

According to the National Retail Federation, May sales results wavered when compared to April as consumers faced continuing inflation including higher prices for essentials such as food and gasoline. The United States Census Bureau has announced that retail sales in...
ISM: Service Sector Still Grinding Out Growth

ISM: Service Sector Still Grinding Out Growth

According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...