retail

Government, Business, Logistics

May Retail Sales Post Drop as Auto Purchases Plunge

Shopping A pedestrian carries shopping bags in San Francisco. (David Paul Morris/Bloomberg News)

U.S. retail sales fell in May for the first time in five months, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation.

Olivia Rockeman | Bloomberg News
June 15, 2022
Business, Logistics

Home Depot Overcomes Slow Start to Year, Rising Home Prices

Home Depot Associated Press Photo/Wilfredo Lee, File

Home Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.

Michelle Chapman | Associated Press
May 17, 2022
Business, Fuel

Are You Overpaying for Fuel?

Sokolis Group

Fuel prices are high, but your company has worked hard to implement the right fuel program; you’ve negotiated discounts with retail chains and set up bulk and mobile fueling deals… right? 

May 1, 2022
Government, Business, Safety

January Retail Sales Surged 3.8% as Threat of Omicron Faded

Retail David Paul Morris/Bloomberg News

NEW YORK — Americans picked up the pace of spending in January as the threat of omicron faded and there was some easing of supply shortages.

Anne D’Innocenzio | Associated Press
February 16, 2022
Business

Home Depot Names Executive Ted Decker as New CEO

Home Depot The Home Depot location in Willow Grove, Pa. (Matt Rourke/Associated Press)

The Home Depot on Jan. 27 named veteran executive Edward "Ted" Decker as its new CEO.

Dee-Ann Durbin | Associated Press
January 28, 2022
Government, Business, Safety, Logistics

Rebound in US Retail Sales Slowed in July Amid Virus Surge

An employee wearing a protective mask cleans a table. An employee wearing a protective mask cleans a table in the shoe department of a store in New York on June 22. (Jeenah Moon/Bloomberg News)

The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery.

Reade Pickert | Bloomberg News
August 14, 2020
Business, Logistics

Mall Operator Weighs Empty Spaces as Amazon Centers

Inside a Simon Property mall in New York in 2018. Shoppers walk past stores at a Simon Property mall in Garden City, N.Y., in 2018. (David Williams/Bloomberg News)

Mall operator Simon Property Group Inc. has been in talks with Amazon .com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

August 10, 2020
Government, Business, Safety

Americans Are Avoiding Stores Again in New Virus Hot Spots

A customer browses shoes at a store in Coral Gables, Fla., on May 18. A customer browses shoes at a store in Coral Gables, Fla., on May 18. (Jayme Gershen/Bloomberg News)

While evidence of a virus-sparked consumer pullback is largely anecdotal for now, it would be a setback for a U.S. economy that has just started to perk up, with retail sales jumping to a record in May.

June 24, 2020
Government, Business

Retail Sales Soared a Record 17.7% in May, Double Forecast

Shoppers wait to enter a store in a shopping mall in Costa Mesa, Calif., on June 15. Shoppers wait to enter a store in a shopping mall in Costa Mesa, Calif., on June 15. (Bing Guan/Bloomberg News)

U.S. retail sales jumped in May by the most on record and double forecasts, regaining more ground than expected after unprecedented drops the prior two months as states allowed more merchants to reopen.

Katia Dmitrieva | Bloomberg News
June 16, 2020
Government, Business

US Economy Hits Record Lows in April Retail, Factory Data

A Statue of Liberty sculpture stands on display inside a souvenir shop temporarily closed in New York on May 12. A Statue of Liberty sculpture stands on display inside a souvenir shop temporarily closed in New York on May 12. (Demetrius Freeman/Bloomberg News)

U.S. retail sales and factory output registered the steepest declines on record in April, illustrating a recession so deep that it likely will take years to fully recover.

Reade Pickert | Bloomberg News
May 15, 2020

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