by Megan Cerullo | May 29, 2016 | Economy
American retail is in the midst of a paradigm shift. Amid a retail climate that is increasingly dominated by online sales, brick and mortar chains are being forced out of arenas that they once dominated. Ten years ago, Sports Authority, which operates 466 stores...
by Megan Cerullo | Apr 16, 2016 | Economy
At a time when more and more retailers are moving online, some online only retailers are heading the opposite direction, opening brick and mortar retail stores to grow their businesses. Karen’s Premium Toffee, a Sturtevant, WI based toffee confectioner opened its...
by Megan Cerullo | Apr 12, 2016 | Economy
The United States Census Bureau releases its monthly snapshot on retail sales for March Wednesday. Economists polled by Bloomberg expect a 0.1 percent increase in retail sales overall, and anticipate a more substantial increase when automobile sales are excluded. Here...
by Megan Cerullo | Mar 21, 2016 | Economy
A lackluster retail sales report released Tuesday showed tepid consumer demand for goods, despite an effective tax cut from plunging oil prices. January’s retail sales report also saw a significant downward revision, signaling apprehension about the economy among...
by Megan Cerullo | Feb 19, 2016 | Economy
A strong retail sales report was released Friday morning, showing improvement in January from December 2015. It surprised some economists, who were expecting a more flat sales month. Core retail sales, excluding volatile items like automobile and gasoline sales were...