retail sales
WASHINGTON — The Food and Drug Administration on Thursday said it is raising the minimum age for certain restrictions on the sale of tobacco products. The new rule, which will be published in the Federal Register on Friday, states that... Read More
WASHINGTON — Total Halloween spending could reach a record $12.2 billion this year, significantly outpacing last year’s record $10.6 billion in sales, according to a survey conducted for the National Retail Federation. The annual market appraisal, which was performed on... Read More
WASHINGTON (AP) — America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher prices and multiple interest... Read More
WASHINGTON — Holiday retail sales during November and December will grow between 6% and 8% compared to last year, and come in somewhere in excess of $942.6 billion despite stubbornly persistent inflation woes, the National Retail Federation said on Thursday.... Read More
NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession.... Read More
NEW YORK (AP) — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items.... Read More
Stocks are dropping on Wall Street early Tuesday amid turmoil in Afghanistan and unease about a weaker economic outlook in China. The S&P 500 lost 0.6% and the Dow Jones Industrial Average fell 0.7%. A report showed Americans cut back... Read More
NEW YORK (AP) — After months of slumping sales and businesses toppling into bankruptcy, Black Friday is offering a small beacon of hope. In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers... Read More
WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants to reopen and consumers were finally allowed to venture out and spend federal stimulus checks and tax refunds. According to... Read More
WASHINGTON — Despite the widespread hoarding of toilet paper, hand sanitizer and other items that continue to leave many store shelves bare, U.S. retail sales plunged 8.7% in March, an unprecedented decline, the Commerce Department reported Wednesday. The deceleration of... Read More
NEW YORK — Black Friday hit a record $7.4 billion in U.S. online sales as many shoppers spent the day clicking instead of lining up to buy. It was the second-biggest U.S. online sales day ever, behind 2018 Cyber Monday’s... Read More
Americans went on a buying binge in March, and their spending on cars, furniture and clothing resulted in the strongest increase in sales since September 2017, the Commerce Department said Thursday morning. Overall, sales increased by a seasonally adjusted 1.6... Read More
