by Mike Duff | Apr 19, 2022 | Retail Articles
Inflation gained in March according to market researcher Numerator, but the impact differs across product and consumer segments. For example, March grocery prices were up 11% versus the month a year earlier in contrast to February up 10.3% year-over-year. Prices for...
by Mike Duff | Apr 18, 2022 | Retail Articles
Consumer sentiment in the United States unexpectedly jumped to 65.7 in April of 2022 from an eleven-year low of 59.4 in March, preliminary estimates in the University of Michigan’s ongoing consumer sentiment survey determined. The April sentiment figure beat market...
by Mike Duff | Apr 15, 2022 | Retail Articles
Retail sales grew in March, according to the National Retail Federation, even as inflation and other macroeconomic and political events weighed on consumers. Based on just-released United States Census Bureau figures, NRF stated that overall retail sales in March...
by Mike Duff | Apr 8, 2022 | Retail Articles
According to Mastercard SpendingPulse, total March retail sales — including in-store and online numbers across all forms of payment but excluding auto — increased 8.4% year-over-year and 18% compared to pre-pandemic spending in 2019, not adjusted for inflation. The...
by Mike Duff | Apr 8, 2022 | Retail Articles
Costco made a strong showing in March with double-digit comparable store gains. Costco comps without the effects of fuel price and foreign exchange volatility increased 12.2% in March year over year, with the United States up 12.7%, Canada up 12.2% and Other...
