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Continue with Googlecnn.com • Economics • United States
US retail spending slowed significantly in April, likely due to higher tariffs implemented earlier, indicating a potential weakening of consumer demand and possibly foreshadowing another disappointing GDP quarter.
continuumeconomics.com • Economics • World
April's economic data reveals a moderate economic slowdown, with retail sales and unemployment claims aligning with expectations, but no recessionary signals are present.
theglobeandmail.com • Economics • United States
U.S. retail sales unexpectedly declined in May due to decreased motor vehicle purchases following a pre-tariff buying surge, although strong wage growth somewhat mitigated the impact.
businessinsider.com • Retail • World
Target's declining sales and popularity are attributed to a combination of factors including a DEI rollback, negative customer experiences, and broader economic concerns, leading some customers to switch to competitors like Costco.
theage.com.au • Business • Australia
Premier Investments, parent company of Smiggle and Peter Alexander, reported mixed financial results, with Smiggle experiencing a sales decline and Peter Alexander showing strong growth.