The University of Michigan’s Index of Consumer Sentiment rose to 67.8 in a preliminary August reading, up from 66.4 in the prior month, marking the first...
Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. As Bloomberg News reported Saturday (Aug. 17), the banking giant now gives an economic...
Homebuilder sentiment hit the lowest level since December in August as high interest rates and record home prices continue to curb buyer appetite for new homes....
Inside the “Mega Alma-Ata” shopping mall; the period of discounts. getty As students wrap up their summer activities and prepare to hit the books again, parents...
Retail sales numbers for the month of June are out today, it’s a measure of how spendy we’re all feeling. Off the top it looks like consumers...
Retailers in China confront a challenging short-term outlook after a lackluster midyear online shopping festival that has also clouded the recovery prospects of the world’s second-largest...
The company said it would operate its own delivery service and charge HK$30 (US$3.8) for the first 1kg (2.2lbs) of items, and then HK$4.5 for every...
PADUCAH — In-store shopping is becoming less common. Statistics show more than 4,000 retailers closed their doors last year — that’s double the amount of store...
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy...