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U.S. retail sales fell in September for the first time in six months

New York – Retail sales in the U.S. fell in September for the first time in seven months as most stores posted lower receipts, signalling that a widely expected slowdown in consumer spending might be underway. The U.S. Government reported Thursday a 0.3 percent fall in retail sales last month, which ended a streak of six straight strong gains...

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Fashion sales suffer in February despite warmer weather

Warm weather and Valentine’s Day did little to boost fashion sales in February, according to BDO’s latest High Street Sales Tracker. In-store like-for-like fashion sales declined by 3.5 percent in February from an already-poor base of -1.9 percent last year. Overall in-store sales declined 3.7 percent, following a 1.6 percent drop in the same...

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