by Mike Duff | Jul 18, 2023 | Featured News, Retail Articles
Retail sales rose in June even as employment grew more slowly, according to the National Retail Federation. Based on United States Census Bureau figures, NRF stated that overall retail sales in June gained 0.2% from May and 1.5% year over year. May sales advanced 0.5%...
by Mike Duff | May 16, 2023 | Retail Articles
Economic activity in the services sector expanded in April for the fourth consecutive month as the Institute for Supply Chain Management Services Purchasing Managers Index, based on a poll of purchasing and supply executives in the United States, grew to 51.9%. Retail...
by Mike Duff | May 11, 2023 | Retail Articles
Growth in United States Gross Domestic Product slowed but remained positive in the first quarter, as it and other economic indicators demonstrated the difficulty of bringing inflation under control, said National Retail Federation chief economist Jack Kleinhenz in the...
by Mike Duff | Apr 3, 2023 | Retail Articles
Despite a still uncertain economic environment, the Conference Board Consumer Confidence Index increased slightly in March to 104.2, up from 103.4 in February. A score above 100 suggests a positive outlook while one below 100 is a pessimistic one. The Present...
by Mike Duff | Mar 30, 2023 | Retail Articles
Amid economic uncertainty, luxury home merchandise retailer Restoration Hardware had a difficult fourth quarter with earnings and revenues coming in well short of expectations. For the quarter, RH posted net income of $106.9 million, or $4.21 per diluted share, versus...
