NEW YORK — Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits ...Read More »
WASHINGTON — Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year. Retail spending ...Read More »
NEW YORK — Americans are spending, but they may not be for long. Some major retailers such as Target and Macy’s on Thursday posted May sales increases that beat Wall Street estimates as shoppers were lured in by Mother’s Day ...
Tagged with: bloomingdale's commerce department consumer confidence costco earnings Economy growth international council of shopping centers Labor Department Retail retailers shoppers t.j. maxx target UnemploymentRead More »
NEW YORK — Americans’ spending — much like the economy — continues to yo-yo. Major retailers such as Costco and Macy’s reported on Thursday that April revenue rose less that 1 percent in the worst performance since 2009 when the ...Read More »
Trader Joe’s, the specialty grocery chain, might not have the cheapest toilet paper or the most varieties of ketchup, but it hooks customers with mango butter, chocolate-covered pomegranate seeds and cilantro-and-jalapeno hummus. These goodies aren’t on most grocery lists, but ...Read More »
NEW YORK — TJX Cos. plans to close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs, as its T.J. Maxx and Marshalls chains have become better at attracting the lower-income customers that A.J. Wright targeted. Ninety-one stores will ...Read More »