Month: June 2020

20 1stdb 01 Cta Apr 01

The Great Retail Revival

Wow! Consumers #trump Covid19 last month by increasing retail spending by a whopping $62.3 billion, month-over-month. Retail sales (ex. food services) after plummeting 17.5% from record levels has quickly rebounded to within 3.7% of that threshold. The increase was a watershed for merchants and a proxy of consumers’ pent-up demand: Sporting goods, hobby, music stores

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