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U.S. Retail Sales Down Slightly in May

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retail sales dipped 1.3 percent last month as the effect of the stimulus checks on consumer spending fades, reports CNN. The automotive sector was to blame for much of those losses as car sales dropped 3.7 Without auto sales, May numbers would be down 0.7 percent according to the U.S. Census Bureau. The post U.S.

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U.K. Retail Sales Down Slightly in July

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retail sales dipped in July after hitting their highest level in nearly three years in June, reports Reuters. The Confederation of British Industry defied economists’ expectations that sales would drop more drastically this month. Retail Sales Down Slightly in July appeared first on Visual Merchandising and Store Design.

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Early Shoppers Fuel 8.5% Jump in Holiday Retail Sales

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The study – which excluded automotive sales – measured in-store and online retail sales across all forms of payment. Consumers splurged throughout the season, with apparel and department stores experiencing strong growth as shoppers sought to put their best dressed foot forward.”. percent in 2020 and 14.6

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UBS Sees 80,000 Stores Closing By 2026

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The forecast comes as the total percentage of e-commerce retail sales continue to jump. Currently at 18 percent, UBS predicts e-commerce sales will climb to 27 percent. The note also predicted apparel retailers will be the largest group impacted by growing e-commerce.

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Jewelry Sales Increased Sharply in July, Survey Finds

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jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Rate of Returns Jumped 6 Percent in 2021

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(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year.

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Retail Returns Increased to $761 Billion in 2021

VMS

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. billion (10.6