retail forecast news and archive

China to pass US in retail sales this year: forecast

Chinese consumers should outspend their American counterparts in 2019, with retail sales in the Asian giant continuing to grow in the coming years, according to an industry forecast published Wednesday. Retail sales in China are expected to hit 5.64 trillion USD, an increase of 7.5 percent over 2018, while Americans are likely to spend 5.53...

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Retail forecast sees low volumes until Q3

Verdict Research, the retail forecasting body for the clothing & footwear market, has published highlights of the key economic factors impacting the wider retail market. The search states volumes will remain in negative territory until recovery in Q3 2012 – this will represent a period of eight quarters of volume decline. Consumers opting for...