In March, Americans went on a shopping spree. They bought more goods than usual. This happened because people were worried about upcoming tariffs. These tariffs are taxes on imported goods. They make things more expensive. The U. S. government planned to put these tariffs on items from China, Canada
The latest data from the Commerce Department revealed that retail sales in the US saw a modest increase in February. This uptick was smaller than what analysts had predicted, raising questions about the strength of consumer spending. This is crucial because consumer spending is a major driver of the
February's retail sales showed a modest increase of 0. 2%, which was less than what experts had predicted. This growth was slightly better than the revised decline seen in January, but it still fell short of the anticipated 0. 6% rise. When you exclude car sales, the increase was 0. 3%, which matche
Foot Locker is expecting a tough year ahead in the sneaker market. The company is bracing for more discounts in 2025. This is due to Nike, its biggest partner, clearing out old stock with markdowns. Nike is trying to fix its problems by selling old shoes at a discount. This is a big deal because Nik
Every year, the third Monday of February is a special day for Americans. It's Presidents' Day, a federal holiday that honors George Washington, the first president. His actual birthday is on February 22. Over time, this day has also come to remember Abraham Lincoln, who was born on February 12. Peo
In January, U. S. retail sales took a nosedive. This wasn't just because of the cold weather, which kept many people indoors. The drop was also influenced by other factors. The Commerce Department reported a 0. 9% decrease in retail sales from December. This was a bigger drop than experts had predic
Get ready to snag some stellar shoe deals online this Cyber Monday! Major retailers like Nordstrom, Amazon, and Bloomingdale's are rolling out amazing discounts on designer footwear. Celebrities love brands like Ugg, Birkenstock, and Blundstone, and you can grab these styles without leaving your hom
This year, Black Friday saw a big change in how people shopped. Instead of heading to stores, many Americans chose to shop online using their phones and computers. Stores didn't see much growth in sales, only about 0. 7% more than last year. But online sales jumped by a whopping 14. 6%! A data firm
Black Friday, the day after Thanksgiving, is still a big deal for retailers. They see it as a way to bring people into stores and kick off the holiday shopping season. This year, with fewer days between Thanksgiving and Christmas, stores are eager for Black Friday to succeed. Emily Phillips, a Texas
Kohl's shares took a big hit, dropping over 20%, after the company's sales plummeted and its CEO suddenly left. The department store, based in Wisconsin, reported that sales in existing stores fell by nearly 10% for the third quarter in a row. This is a tough blow, especially coming just before the
