US retail sales news and archive

US retail sales grow in April ahead of expected tariff price increases

Retail sales increased across the United States in April, as consumers stocked up on goods to avoid the impending higher prices set to come with tariffs, according to the CNBC/NRF Retail Monitor, published by the National Retail Federation. “Spending rose again in April, driven largely by consumers continuing to pull purchases forward to stay...

Retail

NRF projects $5.42 trillion in 2025 retail sales amid global economic uncertainty

US retail sales are forecasted to grow between 2.7 percent to 3.7 percent in 2025, reaching 5.42 to 5.48 trillion dollars, according to the National Retail Federation (NRF). This projection was shared earlier this week, during the NRF’s annual State of Retail & the Consumer event, and reflects economic momentum driven by low unemployment and...

Fashion

US retail sales rise

US retail sales continued to rise last month but not by enough to fuel a strong economic recovery, according to the latest figures. The Commerce Department said that total retail sales were up by 0.5 per cent in January, while December sales were revised to show a 0.1 per cent decline rather than 0.3 per cent. November’s sales were revised up by...

Fashion

US retailers report lower November sales

Leading US retailers reported November sales that were broadly lower than expected, as a post-Thanksgiving rush failed to offset earlier weak demand, reported the Financial Times. Retail Metrics, which tracks the monthly comparable sales figures, said its index for the month rose just 0.7 per cent from last year, when sales slumped. Ken Perkins,...

Fashion

US retail sales in sharp decline

US retail sales fell unexpectedly in August, the second monthly decline in succession. Sales declined 0.3% last month said the Commerce Department, which also revised July's fall to 0.5% from the 0.1% it had first estimated. August's weak figure was a surprise for analysts who had predicted a 0.3% rise. Retail analyst Chris Rupkey said the...