91ÊÓÆµ-improvement retailer Lowe’s announced the closing of 51 underperforming stores Nov. 5, including two New York locations that the company hailed just three years ago as the way to win over city-dwellers.
November 5, 2018retail News Updates
Retail Growth, Consumer Expectations Add to Supply Chain Demands
LONG BEACH, Calif.—The retail industry is in the middle of an enormous transformation, growing at a pace that exceeds the gross domestic product and adding about 70,000 jobs this year. Brick-and-mortar retailers as well as e-commerce providers are working to expand their offerings, which will place new demands on the supply chain.
September 19, 2018Fixing the Final-Mile Delivery Mess
Though it seems like every week there's a new startup introduced to the field, last-mile retail delivery is still a mess.
August 20, 2018December Retail Sales Gain Caps Robust Holiday Season
U.S. retail sales increased in December for a fourth month, indicating strong consumer demand throughout the holiday season, according to Commerce Department figures released Jan. 12.
January 12, 2018Consumer Sentiment Unexpectedly Surges to 13-Year High
U.S. consumer sentiment unexpectedly surged to a 13-year high as Americans’ perceptions of the economy and their own finances rebounded following several major hurricanes, a University of Michigan survey showed Oct. 13.
October 13, 2017US Retail Sales Rise Most Since 2015 on Storm-Related Lift
U.S. retail sales jumped last month by the most in more than two years as motor vehicles lost to hurricanes were quickly replaced and higher prices lifted receipts at gasoline stations, Commerce Department figures showed Oct. 13.
October 13, 2017Retail Sales Fall After Weaker Results in Prior Months
An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships, Commerce Department figures showed Sept. 15.
September 15, 2017Gain in Retail Sales Suggests Slowdown Was Temporary
A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.
May 12, 2017Retail Sales Declined for a Second Month in March
Sales at U.S. retailers declined in March for a second month, hurt by fewer purchases of automobiles, Commerce Department data showed April 14.
April 14, 2017Retail Sales in February Post Smallest Gain in Six Months
U.S. retail sales in February posted the smallest gain in six months, indicating a tempering of the consumer spending that’s been carrying the economy.
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