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January Retail Sales Soar Despite Omicron, Inflation

January Retail Sales Soar Despite Omicron, Inflation

by Lindsey Thompson | Feb 22, 2022 | Industry News, Trends & Products

Even in light of the COVID-19 omicrpdron variant, inflation and continuing supply chain and labor issues, retail sales jumped in January, according to numbers from the U.S. Census Bureau. Overall retail sales in January were up 3.8 percent seasonally adjusted from...
U.S. Inflation Climbs at Highest Rate Since 1982

U.S. Inflation Climbs at Highest Rate Since 1982

by Lindsey Thompson | Feb 14, 2022 | Industry News

The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since the period ending February...
Inflation, Price Gains and Retail Sales All Jump in October 

Inflation, Price Gains and Retail Sales All Jump in October 

by Lindsey Thompson | Nov 16, 2021 | Industry News, Operational Insights

The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest...
NRF Expects Record-Breaking Back-to-School Spending in 2021

NRF Expects Record-Breaking Back-to-School Spending in 2021

by Olivia Shroyer | Jul 20, 2021 | Industry News

According to a National Retail Federation (NRF) survey conducted by Prosper Insights & Analytics, consumers plan to spend record amounts for school and college supplies as families and students look to return to in-person classrooms this fall. “The pandemic forced...
Child Tax Credits Could Stimulate Retailers

Child Tax Credits Could Stimulate Retailers

by Lindsey Thompson | Jul 14, 2021 | Industry News

Starting July 15, U.S. households with children will begin receiving monthly payments for each child in the household. Part of the American Rescue Plan, the child tax credits will put money into the hands of low and middle-income families to spend on necessities,...
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