Full-year sales for 2023 also up from a year earlier
The Census Bureau said overall retail sales in November were up 0.3% from October and up 4.1% year over year
Overall retail sales in October were down 0.1% from September but up 2.5% year over year
“This was a positive report with no sign of an abruptly slowing economy despite what has happened with inflation and interest rate pressures”
Shoppers spending “like they have a hole in their pocket”
U.S. shoppers yearning to see something new on store shelves
Shoppers "are powering through price pressures, but inflation is eating away at savings"
Statistics Canada is predicting an even larger increase for the month of May
This was the first decline since the end of 2021
Back-to-school helps get the sector back on track
Cause for concern as consumers shift spending
Overall retail sales fell 1.1 percent in July.
The NRF has revised its retail sales forecast upward.
Despite a difficult start to 2021, the sector saw a boost this month
Drop in auto sales responsible for much of the 1.3 percent decline
Consumers used stimulus checks to shop
Lululemon reported net income of $329.8 million, compared with net income of $298 million a year earlier