consumer spending

UK recession hits clothing retail as consumer confidence wanes 

ONS explains that this follows an unrevised estimated fall of 0.1% in the previous quarter (July to September 2023). As…

NRF optimistic about US retail’s growth but value remains key

NRF President and CEO Matthew Shay highlighted the 2023 US retail holiday season reflected a more sustainable rate of growth…

US consumers shift from buying apparel, goods to services

Kleinhenz explains the US economy was more resilient in the first half of the year than many expected, however he…