Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
Posted inCompany Reports Consumer Behavior Discount Selling Inflation (Economics) McMillon, C Douglas Shopping and Retail United States Economy Walmart Stores Inc
Walmart Sees Higher Sales From Picky Shoppers
The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
Posted inAmusement and Theme Parks Company Reports Consumer Behavior Prices (Fares, Fees and Rates) United States Economy Walt Disney Company
The Big Number: $8.4 Billion
Disney’s weaker-than-expected revenue at its theme park unit.
Posted inAirlines and Airplanes Amazon.com Inc Big Lots Inc Burger King Corp Consumer Behavior Fast Food Industry Labor and Jobs Macy's Inc McDonald's Corporation Pepsico Inc Prices (Fares, Fees and Rates) Shopping and Retail Stocks and Bonds Target Corporation United States Economy Walmart Stores Inc Williams-Sonoma Inc
To Avoid an Economic Recession, Consumer Spending Is Key
It has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.