This Was Bad’: Retail Sales Suffer Big Chill In February Amid Stormy Weather

AUSTIN, TEXAS - FEBRUARY 18: A shopper walks past a mostly bare shelf as people stock up on necessities at the H-E-B grocery store on February 18, 2021 in Austin, Texas. Winter storm Uri has brought historic cold weather and power outages to Texas as storms have swept across 26 states with a mix of freezing temperatures and precipitation. (Photo by Joe Raedle/Getty Images)

A shopper walks past a mostly bare shelf as people stock up on necessities at the H-E-B grocery store in Austin, Texas, on Feb. 18. A devastating winter storm that hit the middle of the country last month helped send retail sales tumbling.Joe Raedle/Getty ImagesConsumers put their pocketbooks on ice last month after a spending… Continue reading This Was Bad’: Retail Sales Suffer Big Chill In February Amid Stormy Weather

Retail Spending Dips For 3rd Straight Month As Infections Surge

Shoppers walk past a "Sale" sign outside a store at the Easton Town Center Mall in Columbus, Ohio, U.S., on Thursday, Jan. 7, 2021. The U.S. Census Bureau is scheduled to release retail sales figures on January 15. Photographer: Luke Sharrett/Bloomberg via Getty Images

Restaurants and bars are reeling from persistent spikes of coronavirus cases and related restrictions, driving retail spending in December down for the third month in a row. Even as shoppers continue to splurge on shopping, people have cut back on going out to eat and shop. Plus, the earlier-than-usual holiday shopping season meant online shopping… Continue reading Retail Spending Dips For 3rd Straight Month As Infections Surge