Marketplace®

Daily business news and economic stories
Jul 16, 2021

We didn’t buy more in June, but we did spend more …

While retail sales were up 0.6% in the month of June, sales in quantity terms were down — the reason is inflation. Plus, a look at the banking sector’s insistence that employees return to the office. And we’ll hear from a farm in California’s Central Valley that is battling historic drought.

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Retailers are shifting focus to match inflation-weary customers' preferences for savings over slurging.
Retailers are shifting focus to match inflation-weary customers' preferences for savings over slurging.
George Frey/Getty Images

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The Team

We didn’t buy more in June, but we did spend more …