Retail Sales

Fall in retail sales with the opening of the UK

by on July 20, 2021 0

The latest figures from Kantar show take-out grocery sales plummeted 5.1% and digital carts declined in the 12 weeks leading up to July 11, 2021. Despite this year-over-year decline, sales remain strong compared to pre-pandemic times and shoppers spent £ 3 billion more on groceries than during the same period in 2019. Commenting on...

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Key takeaways from June US retail data

by on July 19, 2021 0

Retail sales in the United States jumped up 0.6% in June compared to May and 18% compared to June of last year. Connect below as Stacey widlitz, Chairman of SW Retail Advisors, details June’s US retail sales figures and what they mean for the US economy. “I think what’s most interesting is that a...

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As retail sales rise, analysts report pent-up demand

by on July 18, 2021 0

“We are seeing significant growth,” said Space 519 co-owner Lance Lawson. Photo courtesy of Space 519 Business at Chicago Gold Coast’s Space 519 boutique is so good the owner calls it the new “Roaring Twenties.” “People splurge on things that make them feel good,” says Lance Lawson, co-owner of the retail store with Jim...

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Retail sales increase 0.6% in June

by on July 17, 2021 0

Retail sales rose in June, the Commerce Department reported on Friday, an unexpected jump as American consumers increased their spending on restaurants, clothing and gadgets. The value of all retail purchases rose 0.6% last month after declining 1.7% in May. Excluding automobiles, sales jumped 1.3% in June. The increase surprised Wall Street analysts, who...

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GDP, retail sales, investment, house prices

by on July 17, 2021 0

Beijing, July 17 (Xinhua) – Here are the highlights of China’s economic news from last week. GDP China’s gross domestic product (GDP) grew 12.7% year-on-year in the first half of 2021 due to a steady recovery, data from the National Bureau of Statistics (NBS) said on Thursday. According to NBS, that figure has averaged...

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Paul Smith FY19 / 20 turnover drops 18% during pandemic

by on July 14, 2021 0

Paul Smith Group Holdings reported an 18% drop in revenue for the 12 months ended June 30 of last year as the pandemic wreaked havoc on the business. Prior to March 2020, the UK fashion brand’s revenue had “reflected annualized increases” – but very few fourth-quarter sales related to store closures caused revenue for...

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