ISM: Services Growth Slowed in September

ISM: Services Growth Slowed in September

According to the Institute for Supply Management Report On Business, economic activity in the services sector, which includes retail, grew in September for the 28th month in a row, but the Purchasing Managers’ Index for the sector slipped to 56.7%. Although 0.2 of a...
Bluedot: Inflation Looms Over Holiday Shopping

Bluedot: Inflation Looms Over Holiday Shopping

Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
Macro Pressures Drive Big Lots to Q3 Loss

Macro Pressures Drive Big Lots to Q3 Loss

Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...

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