Retail Sales Climbed 1.2% in August as Holiday Push Starts Early
Retail sales rose 1.2% in August, Amazon lifted its minimum wage to $20 an hour, and Walmart, Target and Best Buy all pushed holiday promotions earlier than ever.
Topic: Retail Sales
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.