August, Retailer | featured news

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Back-to-school gives retailers a good August

Back-to-School Sales

Most retailers, including Costco Wholesale Corp and Limited Brands Inc , posted better-than-expected sales gains at existing stores in August, in what is expected to be a healthy month as parents and students wrapped up back-to-school purchases.

 

Consumer sentiment at three-month high in early August

Consumer Sentiment

U.S. consumer sentiment improved in early August to the highest in three months as sales at retailers and low mortgage rates spurred Americans to boost their buying plans, a survey showed on Friday.

 

August retail sales unchanged from July

Growth in retail sales stalled in August after a pitched battle over spending in Congress led consumer confidence to crumble, data showed on Wednesday.

 

Discounts spur surprising retail sales gains

Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying.

 

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