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expenditure news and archive

Fashion

April showers kept shoppers home

Spring may have sprung, but the wettest April on record kept shoppers home and made for an 11 per cent drop in sales. Sales of clothing and footwear was down -8.1%, with spending down across all channels compared to a year ago, led by -6.9% decline on high street. Online expenditure only slightly lower (-0.8%). Commenting on the latest results,...

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Fashion

Consumers’ expenditure increase don’t reach economy

New data just revealed how consumers are increasing their spending in eating out, seeing movies, and shopping at local malls. However, the general economy isn't seeing huge improvements in the United States. That, according to new data out from Gallup, which finds that although consumers are spending money, those spending totals year to year are...

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