The May retail sales report will peel back the curtain on the health of the U.S. consumer amid one of the worst global pandemics in modern history. The consumer is expected to have rebounded following April’s record plunge in retail sales. While COVID-19 likely put some pressure on consumer spending during May, economists predict online sales […]
After months in lockdown, Americans are ready to leave their homes — and sleep under the stars. There has been a surge of new reservations at camp grounds around the U.S. The allure of solidarity and outdoor access has prompted a third of people in the U.S. who have...
Lamborghini appears to be firing on close to all 12 cylinders despite the global economic downturn. With the stock market soaring again and an extremely loyal affluent customer base, perhaps that’s unsurprising. “I think what we can say today is that the first signal...
Home interior and furnishing retailer Williams-Sonoma (WSM) is gaining market share as people shop online to spruce up their homes during the pandemic. “This allowed Williams-Sonoma to deliver 2.6% same store sales growth, helped by e-commerce growth that reached more...
The stock market may be back to being on autopilot, but the U.S. consumer is far from being back to full financial health. Talk about a major disconnection here. While stocks are in rally mode, sales at America’s dollar stores are exploding right now as households...
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