February sales

February retail sales show year-over-year gains

February retail sales show year-over-year gains

WASHINGTON – Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said Wednesday. “Retail sales data continues to show impressive consumer resilience,” NRF president and CEO

Mastercard SpendingPulse: Feb. sales rise 8.7%

Mastercard SpendingPulse: Feb. sales rise 8.7%

PURCHASE, N.Y. — U.S. consumer spending maintained its positive momentum in February, according to Mastercard SpendingPulse, which found that overall retail sales (excluding auto) increased 8.7% year-over-year and were up 17.3% compared to pre-pandemic (2019) spending levels. This is slightly above January growth. In-store spending grew 10% in February compared to the same month last

Costco posts 16.1% net sales gain in Q2

Costco posts 16.1% net sales gain in Q2

ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $50.94 billion for the second quarter ended February 13. Net sales for the 24-week year-to-date period increased 16.4%, to $100.35 billion, up from $86.23 billion last year. Comparable club sales increased 11.3% in the United States (excluding the impacts from changes in gasoline prices and

Retail sales in February grew despite cold

Retail sales in February grew despite cold

PURCHASE, N.Y. — U.S. retail sales grew 4.6% in February despite winter storms that blasted much of the country, according to Mastercard SpendingPulse. Online sales grew 54.7% compared to 2020. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, notes that its sales figures for February were adjusted to account