The economy is slowing but growing, inflation has moderated and the Federal Reserve has suggested it’s about to lower interest rates, which suggests that the United States has dodged a recession, according to National Retail Federation chief economist Jack Kleinhenz...
The Coresight Research model for retail in the United States indicates deceleration in sales growth from 5.2% in July to 4.6% in August compared to the same periods in 2023. Despite the deceleration, the market researcher is predicting stronger retail sales growth...
Citing a challenging do-it-yourself market facing macroeconomic headwinds, Lowe’s Cos. beat a second-quarter earnings forecast despite a decline in comparable sales during the period. Net earnings were $2.38 billion, or $4.17 per diluted share, versus $2.67 billion,...
Renters helped drive second-quarter home furnishings and housewares gains in the United States, according to the Home Furnishings Digest report from market researcher Consumer Edge. A modest rebound in consumer purchases of home goods categories seems to be supported...
Retail sales advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...
