Despite high interest rates, consumers still willing to spend, NRF says furnituretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from furnituretoday.com Daily Mail and Mail on Sunday newspapers.
Target is the latest company to announce that it's slashing prices as inflation continues to squeeze consumer wallets. The price cuts will take effect this summer.
The NRF has cited data from the US Census Bureau to show retail sales moderated in April as consumers remain willing to spend despite 'stubbornly high inflation.'
April retail sales are mixed, reports Commerce and NRF logisticsmgmt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from logisticsmgmt.com Daily Mail and Mail on Sunday newspapers.