MARK-TO-MARKET: COVID-19 surge hits retail industry qconline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qconline.com Daily Mail and Mail on Sunday newspapers.
December 16, 2020 | Where Americans Splurged & Where They Cut Back in 13 Whiplash-Charts
Wolf Richter On his site WOLFSTREET.com, Wolf Richter slices into economic, business, and financial issues, Wall Street shenanigans, complex entanglements, debacles, and opportunities that catch his eye in the US, Canada, Europe, Japan, and China. He lives in San Francisco.
Retail sales in November fell 1.1% from October, the second month in a row of declines, and they even fell with restaurants and bars removed from the total. Sales at nonstore retailers, the placeholder for ecommerce, eked out a new record. This is the second month now of what I called a month ago Stimulus Fatigue.