Dollar General, Best Buy Headline Packed Week of Retail Earnings
Dollar General, Dollar Tree, Burlington, Gap and Best Buy report Thursday, while BEA releases July personal spending data Wednesday and JCPenney runs a trade-in promo Friday.
Topic: Consumer Spending
August Retail Sales Data and NYFW Anchor a Busy Retail Week
The Census Bureau releases August retail sales Wednesday after July's 0.6% drop ended nine months of gains. Walmart and Nike anchor a packed NYFW week.
US Retail Sales Jumped 1.2% to $773.9 Billion in August
Retail sales rose 1.2% to $773.9 billion in August, rebounding from July's 0.5% drop, but Navy Federal's Heather Long sees a slowdown coming as households feel the pinch.