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US sales data: Retail sales rise 0.6% in November as holiday spending picks up; wholesale inflation stays modest
US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department.
WMT stock tumbles despite record holiday sales as Walmart’s forecast falls short of expectations - what investors need to know
WMT stock drops after Walmart earnings: Walmart shares saw a dip despite a robust holiday quarter. The retail giant reported impressive revenue growth and a significant jump in online sales. However, ...
Reuters
Strong US retail sales in November showcase economy's resilience
WASHINGTON, Jan 14 (Reuters) - U.S. retail sales increased more than expected in November as motor vehicle purchases rebounded and households boosted spending elsewhere, suggesting the economy ...