Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. According to a report in Reuters, citing the Commerce Department, inventories, which are a key component of the gross domestic product, came in as...
A bad quarter has sent fashion retailer H&M scrambling to adjust its strategy. The Swedish group said that strategy now includes closing more stores and opening fewer new ones, as well as beginning to sell its brand’s offerings on Chinese eCommerce platform Tmall. Shares in...
The euphoria that greeted strong jobs numbers recently might be tempered a bit by Friday (July 29) GDP numbers that showed that the U.S. economy expanded at a less-than-stellar pace through the first half of this year. The data from the Bureau of Economic Analysis...
The United States economy managed to eke out a gain that was faster than estimated in preliminary results, with the consumer, yet again, acting as a prime growth engine, buffering the nation from continued global macro-weakness. Bloomberg reported that the revised 1.4 percent boost in...
April 15, 2024
Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April 15), inventories rose 0.6% month over month to $808.7 billion. The news follows last week’s release showing U.S. wholesale inventories climbing 0.5% in February compared with January. Both increases were in […]
March 11, 2019
Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. According to a report in Reuters, citing the Commerce...
December 15, 2017
A bad quarter has sent fashion retailer H&M scrambling to adjust its strategy. The Swedish group said that strategy now includes closing more stores and opening fewer new ones, as...
March 28, 2016
The United States economy managed to eke out a gain that was faster than estimated in preliminary results, with the consumer, yet again, acting as a prime growth engine, buffering...
