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Retail reading. The final monthly retail sales report before the start of the holiday shopping season is set for release on Thursday. Economists estimate retail sales increased 0.3% over the prior ...
Consumer spending is American’s main economic engine, powering two-thirds of the US economy. Retail sales, which capture spending on goods and food services, make up a big chunk of overall spending.
Sales at food services and drinking places, the only services component in the report, gained 0.3% after rising 0.4% in May. Economists view dining out as a key indicator of household finances ...
Eight of the 13 categories highlighted in the release saw increases from a month ago. Sales at food services and drinking places increased by 1.6% while sporting goods picked up 1.3%.
X5 Retail Group: Discount store 27,310 1.4%: Moscow Russia: 39 Coop: Supermarket 25,623 2.2%: Basel Switzerland: 40 Dollar Tree: Discount store 25,509 5.3%: Chesapeake United States: 41 Groupe ADEO Home improvement 25,425 ... Ronchin France: 42 Alibaba Group New Retail & Direct Sales: Department store 24,718 ... Hong Kong: 43 Système U ...
Retail sales increased 3.8% year-on-year in November. Labor market resilience, characterized by historically low layoffs and strong wage growth, is underpinning consumer spending.
The food system, including food service and food retailing supplied $1.24 trillion worth of food in 2010 in the US, $594 billion of which was supplied by food service facilities, defined by the USDA as any place which prepares food for immediate consumption on site, including locations that are not primarily engaged in dispensing meals such as recreational facilities and retail stores. [2]
FMI, The Food Industry Association, is a national trade association for the food industry, especially food retailers and wholesalers, in the USA. FMI's members include approximately 40,000 retail food stores and 25,000 pharmacies, representing an industry with $800 billion in annual sales. [1] The association's focus is on food marketing.