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Census Bureau: April Core Retail Sales Slip from March But Gain Year Over Year

Census Bureau: April Core Retail Sales Slip from March But Gain Year Over Year

by Mike Duff | May 16, 2024 | Retail Articles

The United States Census Bureau released figures indicating that retail sales moderated in April, the National Retail Federation reported. April’s core retail sales, as defined by NRF – based on the Census data but excluding automobile dealers, gasoline stations and...
Walmart Exceeds Q1 Expectations With Help From Home

Walmart Exceeds Q1 Expectations With Help From Home

by Mike Duff | May 16, 2024 | Featured News, Retail Articles

The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
NRF: Economy Slows but Still Showing Growth

NRF: Economy Slows but Still Showing Growth

by Mike Duff | May 7, 2024 | Featured News, Retail Articles

Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
NRF: Consumer Spending Supports Slow but Sustainable Economic Growth

NRF: Consumer Spending Supports Slow but Sustainable Economic Growth

by Mike Duff | Apr 3, 2024 | Retail Articles

Despite expectations for slower growth of gross domestic product and retail sales, the economy should continue to advance through the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said as part of the April NRF Monthly Economic...
NRF: Inflation and Fed Response Will Weigh on 2024 Economy

NRF: Inflation and Fed Response Will Weigh on 2024 Economy

by Mike Duff | Mar 4, 2024 | Featured News, Retail Articles

National Retail Federation chief economist Jack Kleinhenz said the pace of inflation and how the United States Federal Reserve responds to it will play a major role in the economy this year as markets watch for when the United States Federal Reserve might make...
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