US Retail Sales Soar; Backed by strong domestic demand | Apparel Resources
Home » Markets & Products » Retail Destination » Us Retail Sales Soar Backed By Strong Domestic Demand


US Retail Sales Soar; Backed by strong domestic demand

Share: 
      Newsletter

Apparel Online India July, 16-31, 2016

READ MORE ON Fashion IndustryRetail Industry InformationUS Retail Sales

Despite a slowdown in job creation and rising gasoline prices, US retail sales are constantly on an increase as Americans are spending more money, spurring economic growth. As growth in various other markets continue to remain slow, all eyes are back on the US as it rises to the top of the fashion industry’s list of happening markets. In contrast to various markets such as China, Japan or Europe that are showing stagnant growth, the US is re-emerging from the global financial crisis it faced a few years ago and getting on its feet faster and stronger. This positive change is being seen in retail sales and in April 2016 the sales at most retailers jumped more than anticipated, clearly…

SUBSCRIBE TO READ IN FULL

Source: Apparel Online India July, 16-31, 2016
Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

Is it the end of the mall?

The year started with Macy’s announcing the closure of 63 stores and eliminating 10,000 jobs as the departmental store chain continued to grapple with weak sales during the holiday season....

Retail Bestsellers 2016

The year 2016 was a very difficult one, especially for retail, as consumers struggled to keep their ‘shopping’ mood in place. Weak economies, terrorist attack, political instabilities, Brexit and finally...

South Korea’s retail market shows an upward trajectory

Home of the third largest retail market in Asia Pacific (APAC-region), South Korea continues to maintain its momentum, driven by robust economic growth, rising population, increasing purchasing power and deeper...

Holiday sales at US stores a mixed bag for retailers

For retailers, holiday season is like a make-or-break time. This year, there was buoyancy brought on by factors like the seasonally crisp weather and positive marketing messaging among retailers. Planalytics,...

Russia still a major market for international retailers

Since the past few years, Russia has been facing challenges such as lower oil prices, the dwindling rubble and international sanctions for annexation of Crimea, resulting in real incomes falling...

Dilemma looms over holiday shopping sales

All eyes are turned towards developments in America, post the victory of Donald Trump as the next President of the United States, followed by various protests and question marks on...

Silk still an important fabric for overseas buyers, yet silk look-alikes gain share

Rising price pressure on every stakeholder has impacted business, more so in...

Brazil still finds favour amongst luxury retailers amidst weak economy and political corruption

Despite the worst recession in 30 years, growing political turmoil and Zika fears in the country, Brazil continues to see luxury brands still investing huge amounts of money in the...

Panipat business affected by global market slowdown

Most of the home furnishing hubs of India are facing...

British luxury brands gain prominence; Brexit gives it the much needed push

Over the past five years, the British luxury market has undergone tremendous changes with new crop of designers bringing it to the forefront amidst...