by Mike Duff | Aug 15, 2023 | Retail Articles
Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted more shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. The United States Census Bureau has...
by Mike Duff | Aug 11, 2023 | Retail Articles
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...
by Mike Duff | Aug 7, 2023 | Retail Articles
The Global Port Tracker report released today by the National Retail Federation and Hackett Associates forecasts August import cargo volume at the main container ports around the United States should reach the highest monthly reading in almost a year as retailers...
by Mike Duff | Jul 25, 2023 | Retail Articles
The United Parcel Service has announced that it had reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters, which represents about 330,000 UPS employees in the United States. The five-year agreement covers U.S....
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%...
