The economy added 178,000 jobs in November, but the retail sector downsized, the latest indication that the industry is not benefitting from the economic recovery and that planned seasonal hiring for 2016 hasn’t actually materialized.Read more
American incomes are rising, and consumers have started to spend more of it.Read more
U.S. store foot traffic and sales both dropped in November, a month that included Halloween by the way the calendar fell, the presidential election and Black Friday. However, the month ended on a positive note as Thanksgiving week resulted in busier stores and ringing cash……...
Regardless of TPP's future, Vietnam continues to strengthen its hold on the U.S. apparel market. Though still the number two source after China, it has gained the most share of any top 10 apparel trading partners, and is on track to ship a record amount of apparel to the U.S. this year.
Traditional apparel retailers continued to turn in lackluster sales growth in October.
Much of the recent talk about the uncertain future of trade policy under the next administration has failed to mention the already-soft state of U.S. trade in soft goods.Read more
Global synthetic fiber prices continue to fall, but not by the precipitous rates of earlier this year, pointing to a potential firming, if not an actual increase, in prices by early 2017.Read More
A variation on “out of sight, out of mind,” is being played in malls across the U.S., and its theme is simple: People aren’t going to stores as often as they used to, and it’s impacting retail sales in a major way.Read more
The apparel pricing roller coaster that’s wreaked havoc on retailers’ profits of late has started a slow ascent.
Sales at clothing and accessories stores bounced back from a bleak September to rise in October, as shoppers began to splash out on fall apparel despite unseasonably warm weather.