Home Tags Retail Sales

Tag: Retail Sales

Online sales hit record highs in the shortest holiday shopping season since 2013

Department stores saw total sales fall 1.8% year-over-year, but their e-commerce sales jumped 6.9% as more shoppers used devices to find holiday deals.
FILE PHOTO: People Shop in Walmart in King of Prussia Pennsylvania on Black Friday

We just got a stark warning that the US economy is slowing as trade tensions persist

November's slower-than-expected retail growth signals the sector won't easily offset a weak manufacturing industry and prop up fourth-quarter GDP.

The raging protests in Hong Kong have its retail sector shrinking the most in history

The value of retail sales dropped 24% in October from the same period last year, according to government data released Monday.

Chinese consumers spend US$22 billion in first nine hours of Alibaba’s Singles’ Day shopping event

Opening sales were brisk, hitting US$10 billion in just under 30 minutes, half the time from the previous year.
Target recorded its strongest quarterly growth in shopper traffic in more than a decade.

US retail sales unexpectedly drop as Trump’s trade war hits the backbone of the economy

The Commerce Department said Wednesday retail sales fell 0.3% last month, the first decline since February and compared with a 0.6% rise in August.

Stocks are rising as tepid Chinese growth has traders ‘baying for more stimulus’

China's economy grew 6.2% last quarter, its slowest pace in at least 27 years, raising hopes the government will ramp up its efforts to boost demand.

Stocks are dipping as Trump’s ‘meddling’ fuels market anxiety

European equities and US futures dipped on Thursday as anxious traders reacted to Trump's "haphazard" approach and disappointing economic data.

Equities slide on trade war concerns — ‘This market is trading on the whimsy of Donald Trump’

European equities and US futures fell on Wednesday after renewed potential for a trade deal and Chinese government stimulus lifted Asian stocks.

China’s strong data sparks major stock rally with economic stimulus ‘bearing fruit’

Global stock markets were broadly higher Wednesday after China released positive GDP, industrial, retail and investment data.

Retail sales unexpectedly fell in February

Retail sales slipped in February as receipts fell in more than half of major categories, according to a Commerce Department report released Monday.