US Edition
UK Retailer Sales Rise as Heatwaves Help Drive Shoppers to High Street - Birmingham Live
UNITED STATES, JUL 14 – Consumer spending growth slowed due to tariff fears, inflation, and economic uncertainty, with 34% of shoppers delaying purchases, the National Retail Federation said.
- In June, the U.S. Census Bureau reported retail sales growth slowed in the United States, according to CNBC/NRF Retail Monitor.
- Rising concerns this week, President Trump announced that new tariff policies could take effect on August 1, and consumer caution increased.
- Survey findings reveal online and non-store sales rose 0.49% month-over-month and 17.92% year-over-year, according to CNBC/NRF Retail Monitor.
- In response, retailers are gating free delivery, tightening return policies and emphasizing in-store pick-up, as Jack Kleinhenz said, and retailers are adjusting services amid caution.
- With trade tensions continuing, retailers signal cautious retail spending outlook heading into the second half of the year.
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14 Articles
14 Articles
Better Month For Retail Sales But Consumers Still Cautious
Retail sales picked up last month as the hot weather boosted demand for fans and summer clothing, while part of the rise was attributed to higher food prices. The BRC-KPMG Retail Sales Monitor showed total spending rose 3.1% in June, (more…) The post Better Month For Retail Sales But Consumers Still Cautious appeared first on KamCity.
Coverage Details
Total News Sources14
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
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