by Mike Duff | May 25, 2023 | Retail Articles
Best Buy CEO Corrie Barry, noting continuing macroeconomic headwinds that weighed on the company’s first-quarter financial results, said better prospects lay ahead as sales declines in the tech sector bottom out. Net earnings were $244 million, or $1.11 per diluted...
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 26, 2023 | Retail Articles
Despite weakening inflation, The Conference Board Consumer Confidence Index fell in April to 101.3, with 100 being the divider between a positive and negative reading, down from 104 in March. The Present Situation Index, based on consumers’ assessment of current...
by Mike Duff | Apr 13, 2023 | Retail Articles
Financial services provider Primerica has released its Middle-Income Financial Security Monitor, a national survey that measured financial sentiment changes for mid-earning families in the United States during the first quarter of 2023 and it demonstrates that...
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...
