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August, Retail Sales
Hong Kong sees challenges for the retail sector as August sales fall 10%
Hong Kong's August retail sales fell 10.1% from a year earlier, government data showed, reflecting a relatively strong Hong Kong dollar, the changing consumption patterns of residents and their increased travel abroad during holidays.
Australia’s Retail Sales Jump in August as Weather Turns Warmer
Australian retail sales were much stronger than expected in August as the impact of income-tax cuts in July fed through to spending, while unusually warm weather lifted clothing and cafe sales.
Retail sales down in August as car sales plummet
Provisional data from the CSO indicates retail sales volumes fell by 1.5 per cent in the month and 2.5 per cent in the 12 months to the end of August, while the value of retail sales declined by 1.6 per cent in the month and 2.2 per cent on the year.
Australia retail sales rebound by 0.7% in August
Australian retail sales rebounded by more than expected in August after a soft July as unusually warm weather brought forward spring spending, a possible sign consumers are dipping into extra income from recent sizable tax cuts.
Both monthly and annual retail sales slow in August
New figures from the Central Statistics Office show that the volume of retail sales decreased by 1.5% in August and was down by 2.5% on the same month last year.
Hong Kong’s retail sales decline for sixth straight month, falling 10% in August
Hong Kong’s retail sales declined for a sixth straight month in August, falling by 10.1 per cent year on year as changing consumer patterns, including the trend of residents heading across the border for shopping and entertainment,
These are the key headwinds in Hong Kong’s retail leasing market
Canton Road saw a significant shift in tenant mix. Hong Kong’s retail market continued to contract according to a recent Knight Frank report, as more locals continued to go north or travel abroad during the summer break.
Hong Kong’s retail market contracts as locals travel abroad
Total retail sales value fell 11.8% to $29.1b in July. Hong Kong’s retail market continued to contract as more locals travel abroad, according to Knight Frank. Total retail sales value plunged 11.8% year-on-year (YoY) to $29.
Stellantis U.S. auto sales extend free fall in 3rd quarter
Stellantis Q3 sales fall 20%, weighed down by Chrysler, Dodge
Stellantis reported Wednesday that total third quarter 2024 U.S. sales dropped 20% year over year. Chrysler and Dodge sales were plunged by 47% and 43%, respectively.
Stellantis U.S. auto sales extend free fall in third quarter
Stellantis’ U.S. new vehicle sales continued a yearslong free fall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes.
Stellantis’ US Sales Plunge Again in Sign of Deepening Woe
Stellantis NV’s US sales plunged 20% last quarter — the fifth consecutive decline — as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.
6d
How Universal’s ‘Wicked’ Can Improve Retail Sales This Holiday Season
Through August, retail sales have grown about half the rate NRF forecast for the year. Retailers hope the Thanksgiving ...
Bernews
5d
Retail Sales Increased 1.8% In May 2024
After adjusting for the retail sales rate of inflation – measured at 3.3% in May – the overall volume of retail sales index ...
17h
Ford's US Sales Edge Up In Q3; EV Sales Continue To Climb
Ford Motor Company (NYSE:F) shares are trading lower on Wednesday. Ford Motor reported a 4% increase in U.S. retail sales for ...
2d
September Car Sales Projected Down 13%, But It's Not Bad News for Buyers
Analysis of new car sales and leases by J.D. Power and Global Data shows there are bright spots and cautionary signs.
1d
GM reports 2.2% US sales dip in 3rd quarter, cites lower fleet demand
GM reported a dip in third-quarter sales compared with the year-ago quarter as sales to fleet customers dropped. But GM saw ...
12d
Canada Retail Sales on Pace for Third Quarter Rebound
Canadian retail sales likely rose sharply in August after a solid July gain, indicating a strong rebound after two ...
The Royal Gazette
5d
Figures show rising costs and retail sales in May
The cost of living continued to rise in May with a 6.4 per cent increase in the cost of fuel and power, while retail sales ...
6d
Salt Life clothing brand is closing 28 retail stores and holding liquidation sales: Full list and map of doomed locations
After being sold in bankruptcy, apparel brand Salt Life will close retail locations and switch to e-commerce. Liquidation ...
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