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US retail sales fall in May as tariff anxiety continues to distort spending patterns
US retail sales fell in May, the biggest decline since March 2023, after consumers pulled back from a spate of previous stockpiling this year. Retail sales comprised $715.4 billion, a decrease of 0.9% in April, and well below what economists estimated.
Most shoppers say they’ll switch brands over tariff-driven price hikes—yet 77% of retailers plan to raise prices anyway, a ...
US retail sales fell by the most since the start of the year in May, suggesting new tariffs deterred consumers from spending, ...
Walmart heiress' ad is prompting backlash against the retailer despite it not being associated with the company.
Retail executives anticipate Trump will ease reciprocal tariffs, citing his past "TACO trade" pattern of threatening duties ...
5don MSN
Israeli cyber-firm Cyabra finds fraudulent social media accounts amplified backlash against Target following its decision to abandon diversity initiatives.
Walmart faces backlash and calls for a boycott from Trump supporters after heiress Christy Walton funded a full-page ad in ...
As negotiations with China continue, retail executives are optimistic that reciprocal tariffs could be walked back.
Retail sales dropped 0.9% in May, marking the steepest decline since January, according to the Commerce Department. This ...
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