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retail sales

NRF: Retail sales rebounded in March

NRF: Retail sales rebounded in March

WASHINGTON – Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and lead the acceleration of the U.S. economy, the National Retail Federation said Thursday. “The dramatic increase of 17.7% in March retail

Retail sales posted double-digit gains in March

Retail sales posted double-digit gains in March

PURCHASE, N.Y. — U.S. retail sales grew by double-digits in March as the nation marked the one-year anniversary of the first lockdowns imposed in response to the COVID-19 pandemic. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive and gasoline increased 26.3% year-over-year

Retail sales grew 3% this holiday season

Retail sales grew 3% this holiday season

PURCHASE, N.Y. — Retail sales grew 3% this holiday season, according to preliminary data from Mastercard SpendingPulse, which attributes the size of the increase to an expanded holiday season and strong online sales. Year-over-year sales growth was up 2.4% for the traditional holiday shopping period of November 1 through December 24, according to the study,

Retail sales slow in November

Retail sales slow in November

WASHINGTON – Retail sales slipped in November compared to the month before, as the surging pandemic suppressed store traffic. But sales were still up compared to last November, and the National Retail Federation still expects a happy holiday season for retailers. “Consumers held back on spending in November as virus rates spiked, states imposed retail restrictions and

Retail sales grow in October

Retail sales grow in October

WASHINGTON – Retail sales grew for the sixth month in a row in October, the National Retail Federation said Tuesday. Besides increasing compared to September, October sales were also up compared to October of last year. “We are encouraged by another positive retail sales number for October — the sixth consecutive positive monthly gain —

Retail sales surge 1.9% in September

Retail sales surge 1.9% in September

WASHINGTON – Consumer spending in September accelerated at a faster pace than expected, with a strong rebound in apparel leading “a continuing V-shaped recovery” from the coronavirus pandemic, according to the National Retail Federation. The 1.9% increase in retail sales was more than twice the gain economists were expecting and represents the fourth consecutive monthly

Retail recovery continues in August

Retail recovery continues in August

WASHINGTON – Retail sales gains in August point to continued recovery from the coronavirus, the National Retail Federation said on Wednesday. “While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” NRF president and CEO Matthew Shay said

Retail sales continued to rebound in July

Retail sales continued to rebound in July

WASHINGTON – Retail sales continue to bounce back from the impact of the coronavirus pandemic, the National Retail Federation said Friday. Sales in July grew more slowly than in June, but the trend continued to be positive. “Retail sales for July were another positive step in the right direction as our economy continues to slowly

NRF: Recovery is ‘being tested daily’

NRF: Recovery is ‘being tested daily’

WASHINGTON – Despite signs that reopening businesses have begun to lift the economy, National Retail Federation chief economist Jack Kleinhenz said Monday that conflicting data makes it difficult to say how steady the comeback will be. “Optimism about the economy and retail spending is being tested daily with the spread of the coronavirus,” Kleinhenz said.

Retail sales post year-over-year gains in June

Retail sales post year-over-year gains in June

WASHINGTON – Retail sales in June posted their first year-over-year gains since February, according to the National Retail Federation. Sales were up compared to May as well as compared to last June, with gains driven by the reopening of many stores that had been shuttered by the coronavirus pandemic. COVID-19 remains a threat for the

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