American consumers reduced their spending at the beginning of 2026, contributing to a decline in retail sales that has persisted since late last year. According to a report from the Commerce ...
WASHINGTON, April 21 (Reuters) - U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while ...
Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. But they’re still buying, thanks to ...
Headline sales jumped 1.7%, a sharp acceleration from February's 0.7% rise and above the projected 1.4% growth. While the 1.7% headline jump suggests a consumer boom, the data is heavily skewed by ...
(CNN) — A record spike in gas prices drove US retail sales higher in March, rising by the fastest monthly pace in more than three years, new Commerce Department data showed Tuesday. Retail sales ...
JD revealed that its pre-tax profit declined by 6.4% year-on-year ...
March U.S. retail sales are expected, once again, to reflect headline strength, with both total sales and sales excluding autos projected to match February’s solid gains of +0.6% and +0.5%, ...
(CNN) — Americans saw large chunks of their wallets get gnawed away by soaring gas prices in March; however, consumers still had money left in the tank to spend elsewhere. A record spike in gas prices ...
Class-of-Trade Conversion: The process of reclassifying a business location from one selling model (e.g., wholesale supply) to another (e.g., company-operated retail or commission-operated site), ...
A press release detailing Penske Automotive Group, Inc.’s first quarter 2026 financial results was issued this morning and is posted on our website along with a presentation designed to assist you in ...
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