August retail sales disappoint
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Retail sales and industrial output eked out smaller-than-expected gains in August, according to data on Friday that kept in place expectations the Federal Reserve will cut interest rates next week.
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UK High Street spending growth slows in August, partly hit by wet weather, a British Retail Consortium survey finds.
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INFLATION fell again in August, slipping further below the governmentâs 2 per cent target, driven down by clothing and footwear retailers failing to raise prices after a poor summer.
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August presented a challenge for yet another retailer.
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Shoppers are wary about High Street spending despite August's better weather, the latest retail sales figures show.
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Wal-Mart Stores (WMT) and other top retailers reported sluggish August sales Thursday, below Wall Street expectations, as soaring fuel prices cut into back-to-school spending.
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Retail sales dropped 0.3 percent in August, led by a decline in automotive purchases, after climbing 0.8 percent in July, the Commerce Department said.
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Retail sales fell more than expected in July and for the first time in over a year as poor weather pushed down clothing sales sharply.
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The 0.3 percent increase in retail sales was about half what had been expected. In another sign of weakness, industrial production in August edged up by just 0.2 percent.
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From department stores to discounters, the nation's retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.
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Teen-oriented retailers reported   sharply higher sales in August as kids flocked to malls ahead   of the new school year, but chains targeting adults fared   worse, as a slowing housing market and higher energy prices   crimped spending.
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From department stores to discounters, the nation&#39;s retailers reported sluggish August sales yesterday as consumers cut back spending during the generally lucrative back-to-school shopping month.
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German retail sales fell by more than expected in August as rainy weather hit sales of clothing.
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Lower car sales in August resulted in a 0.3 per cent dip in overall retail sales in the United States during the month following a rise of 0.8 percent in July, the US Commerce Department reported on Tuesday.
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August retail sales, always an  important measure of back-to-school consumer demand, have taken  on even more significance this year amid fears about rising  interest rates, higher energy prices, slowing home sales and  continued strife in the Middle East.
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U.S. retail sales dipped in August  and the most comprehensive gauge of the U.S. international  trade gap widened to a record in the second quarter, government  reports released on Tuesday showed.
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Jitters over a slowing US economy intensified yesterday with the release of weaker-than-expected retail sales figures for August, further raising expectations that the Federal Reserve board will cut interest rates next week for the first time in four years.