January retail sales slipped almost 1%, but views differ on what it means
On Friday, the Census Bureau gave us retail sales data for January, which fell 0.9% from December. That’s a much bigger drop than economists were expecting. Now, we usually see a drop in retail sales at the start of the year as people and their bank accounts try to recover from their holiday spending sprees.
US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown in economic growth early in the first quarter.
U.S. store closures totaled 7,325 in 2024, according to data collected by Coresight Research, a research firm specializing in ...
U.S. retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Retail’s AI reinvention is underway. The winners will be those who invest responsibly in the technology, while also ...
Job cuts in retail throughout the United States spiked in January, driven by an ongoing wave of store closures and broad ...
American shoppers pulled back on their spending last month as inflation continues to be an issue across the country.Retail ...
Related: Formerly bankrupt retail chain’s sale creates huge company. Whether you're shopping for formal wear or sneakers, pet ...
The following states have the highest rates of major retailer store closures in 2025—from Macy's to JCPenney to GameStop.
Retail sales in the United States declined 0.9 percent in January, the first drop in sales since August. Specialty stores and ...
It’s perhaps a minority view, but there are a few voices out there suggesting that Market East can still flourish as a ...
Last year was marked but a large number of retail store closings and it appears that trend will continue in 2025.JCPenny is ...
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