Food shopping pushes January retail sales

Food shopping pushes January retail sales up 1.7%
The figures mark a partial bounce back after the retail sector suffered a downbeat December trading period last year.
January retail sales fall a much more-than-expected 0.9%
According to a Friday U.S. Census Bureau report, retail sales for January were down 0.9% from the December. But total sales for November 2024 - January 2025 were up 4.2%.
Retail Sales Fell 0.9% in January
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal had expected a drop of 0.
January retail sales slipped almost 1%, but views differ on what it means
On Friday, the Census Bureau gave us retail sales data for January, which fell 0.9% from December. That’s a much bigger drop than economists were expecting. Now, we usually see a drop in retail sales at the start of the year as people and their bank accounts try to recover from their holiday spending sprees.
January retail sales up 5.44%, consumer confidence falls
Consumer spending in January was down from the robust pace in December but still posted a 5.44% gain when compared with January 2024, according to the National Retail Federation
UK retail sales leap in January as consumers defy weak outlook
LONDON (Reuters) -British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, according to official data published on Friday that suggested consumers were happy to spend despite a weak outlook for the economy.
Michigan retailers start 2025 strong with positive January sales
Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current year, 58% of retailers surveyed said they expect 2025 sales to exceed 2024.
Canada Retail Sales Fell in January After End-of-Year Surge
An advance estimate suggests receipts for retailers fell 0.4% in January, Statistics Canada said Friday. That would be the first contraction in seven months and follows a solid gain of 2.5% in December,
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested consumers were happy to spend despite a weak outlook for the economy.
UK retail sales sharply rebound in January beating expectations
Increasing retail sales in January and improving consumer confidence in February could point towards more optimism in the UK economy, however, concerns persist about slow economic growth and the threat of US tariffs.
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2025 Retail Sales Show Promise With A Strong January
U.S. retail sales surged 4.8% year-over-year in January, rising to $668 billion, setting the stage for unexpectedly strong retail growth in 2025, according to data just released by the U.S.
Walmart shares tank on dismal forecast as retail giant warns of slowing sales
Walmart’s lower-than-expected guidance is a warning that US consumer spending is slowing, said Brian Mulberry, client ...