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Economy Aug 15

Retail sales rise a solid 0.5% in July from June helped by rebounding auto sales

By Associated Press

Nation May 15

FILE PHOTO: The American flag flutters near a ship at Port of Los Angeles
Retail sales slow a month after Americans ramped up shopping to get ahead of tariffs

U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs.

By Christopher Rugaber, Anne D'Innocenzio, Associated Press

Nation Dec 26

People shop on Black Friday at a Target store in Brooklyn, New York
U.S. consumers increased holiday spending this year even as they battled higher prices

New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries.

By Anne D'Innocenzio, Haleluya Hadero, Associated Press

Economy Nov 30

Customers carry shopping bags on Black Friday in the Georgetown neighborhood of Washington
Watch 7:35
Consumers still feel inflation’s squeeze as holiday shopping season begins

The weekend after Thanksgiving is the traditional start of the holiday shopping season, beginning with Black Friday. Some retailers have been offering discounts throughout November in hopes of encouraging shoppers squeezed by inflation to open their wallets. We hear from…

By John Yang, Andrew Corkery, Veronica Vela

Economy Jun 18

FILE PHOTO: A Target logo is seen on shopping carts at a Target store in Manhattan, New York City
High inflation curbs spending as retail sales rise a meager 0.1% in May

Retail sales rose 0.1% in May, below the pace that economists projected, according to the Commerce Department.

By Anne D'Innocenzio, Associated Press

Jan 17

Retail sales were up 0.6 percent this holiday season, fueled by a strong job market

By Anne D'Innocenzio, Associated Press

While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages.

Continue reading

Apr 23

Bed Bath & Beyond files for bankruptcy protection after failing to secure funding

By Anne D'Innocenzio, Associated Press

Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed turnaround…

Continue reading

Mar 15

Retail sales drop slightly in February after jump in January spending

By Anne D'Innocenzio, Associated Press

America's consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment.

Continue reading

Feb 15

American consumers retail sales jump as Americans defy inflation and rate hikes

By Christopher Rugaber, Associated Press

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 almost two years, underscoring the economy's resilience in the face of higher prices and multiple interest…

Continue reading

Aug 17

July retail sales fell 1.1 percent as COVID-19 surge hits spending

By Joseph Pisani, Associated Press

Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores.

Continue reading

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