Holiday sales grow by 3%, a much bigger jump than during the last recession

Dec 28, 2020
The 2008 recession hit more broadly, and retailers were stuck with a lot of inventory. This time, retailers had time to plan.
Holiday shoppers make a last-minute trip to department stores in Manhattan on Dec. 24 in New York City.
Scott Heins/Getty Images

Retail sales fell 1.1% in November, biggest drop in 7 months

Dec 16, 2020
It's a sign Americans held back on spending during the start of the holiday shopping season.
Customers wear face masks while waiting in line to shop inside a Best Buy store on Black Friday in Hawthorne, Calif., on Nov. 27, 2020.
Patrick T. Fallon/AFP via Getty Images

Ikea ditches its catalog, but other retailers are hanging on to them

Dec 8, 2020
Catalogs can grab people’s attention, if only for a moment.
Catalogs placed at the entrance of an Ikea on Dec. 7, 2020, in Jarfalla, Sweden.
Jonathan Nackstrand/AFP via Getty Images

Retailers' holiday sales strategy this year? Fewer, smaller sales

Dec 7, 2020
They're trying to make a profit selling less stuff, but holding the line on prices.
A pedestrian walks past a store advertising a Black Friday sale on Nov. 27 in New York.
Jeenah Moon/Getty Images

Holiday surge in e-commerce could cause delivery crunch

Nov 27, 2020
It won't be as bad as early in the pandemic, but shoppers should plan ahead.
A postal worker loads packages into a mail truck outside a USPS center in Los Angeles, California, in August.
Kyle Grillot/AFP via Getty Images

Growth in retail sales is slowing. That's a bad sign for the economy

Nov 17, 2020
As goes the U.S. consumer, so goes the U.S. economy.
Shoppers walk in South Coast Plaza in August in Costa Mesa, California. Smaller retailers are having a harder time transitioning to online sales and adjusting to COVID-19 restrictions.
Mario Tama/Getty Images

Retail sales grew a slower-than-expected 0.3% in October

Nov 17, 2020
Retail sales growth slowed even as retailers offered early holiday discounts online and in stores.
Daniel Boczarski/Getty Images for Macy's

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Retailers get creative to handle expected crush of online sales

Nov 13, 2020
Walmart is converting 42 warehouses that normally ship products to its stores so they can also fulfill online orders.
An employee prepares boxes for shipment at a warehouse in Draper, Utah. Retailers are preparing their warehouses for a surge in online orders.
George Frey/Getty Images

Pandemic pushes holiday retail jobs off the sales floor

Oct 27, 2020
Hiring is down overall, but up for e-commerce jobs. Warehouse and shelf-stocking jobs have tripled compared to past years.
Masks and hand sanitizer are given to customers entering a Dick's Sporting Goods during the pandemic. "The holiday season is going to look very different for retailers and workers alike," one economist says.
David McNew/Getty Images

How long can consumers keep spending?

Oct 16, 2020
Retail sales jumped nearly 2% in September, but it's hard to exactly say why.
One economist says without more federal stimulus, we're risking a double-dip recession.
Robyn Beck/AFP via Getty Images