BREAKING NEWS
Nation's largest retail group forecasts 4.4% gain in retail sales for this year despite volatility
Read full article: Nation's largest retail group forecasts 4.4% gain in retail sales for this year despite volatilityThe National Retail Federation, the nation’s largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers’ resilience despite lots of economic volatility.
How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond
Read full article: How the Iran war and surging oil prices are affecting consumers at the gas pump and beyondSharply swinging oil prices have left consumers feeling the effects of the Iran war and its damage to worldwide energy production.
Parents expected to spend more than ever on back-to-school shopping- nearly $700 per K-12 child
Read full article: Parents expected to spend more than ever on back-to-school shopping- nearly $700 per K-12 childROANOKE, Va. - Many are already starting back-to-school shopping.Back-to-school time has become its own shopping season, second only to Christmas in terms of family spending. The national retail federation expects record spending this year - Mark Mathews, with the NRF said costs will quickly add up. "Consumers are going to spend about $1,673 this year, that's about 3 percent higher than last year, Mathews said. That breaks down to almost $700 per child on average for K-12 and nearly $1,000 dollars for students going back to college. Per child, parents are expected to spend more than $230 on clothing and accessories alone.