retail sales News Updates

The NRF Annual Holiday Forecast found that retail sales are expected to grow 4.2% year over year in November and December. 

Gross profit generated from used vehicle sales grew for the first time in five quarters, while the company sold more used vehicles in the quarter than analysts projected. 

Retail sales rose 1.2% last month after recording a revised 0.5% dip in July, according to Commerce Department data released Sept 16.

Retail sales slipped 0.6% last month, the biggest drop since May 2025, from a revised gain of 0.2% in June, according to Commerce Department data released Aug. 14.

Carvana tumbled after it said full-year earnings may fall short of Wall Street’s expectations as the used-car retailer’s rapid growth slowed.

Business at clothing and accessories stores slipped 0.3%, while online sales rose 1.9%, fueled by spending surrounding Amazon's Prime Day event June 23-26.

U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.

Sales got a boost from generous government tax refunds in both April and May, though economists say that cash cushion is starting to fade.

New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.

Retail sales rose a better-than-expected 0.6% in February. There is a concern that Americans squeezed by years of elevated inflation will cut spending further.