Retail sales, food prices, shipping bottlenecks, chip convulsions, and an electric final-mile
kellenbetts.substack.com
As we close out the second week of the New Year, mixed results from the holiday shopping season are coming in. According to the Department of Commerce’s advanced monthly report released this morning, retail sales in the U.S. declined for a third straight month in December. The report also revised November figures downward, which includes Black Friday and the start of the Christmas shopping period. [1] A number of retail companies posted declines in revenue over the holiday including Victoria’s Secret, Urban Outfitters and Nordstrom. [2]
Retail sales, food prices, shipping bottlenecks, chip convulsions, and an electric final-mile
Retail sales, food prices, shipping…
Retail sales, food prices, shipping bottlenecks, chip convulsions, and an electric final-mile
As we close out the second week of the New Year, mixed results from the holiday shopping season are coming in. According to the Department of Commerce’s advanced monthly report released this morning, retail sales in the U.S. declined for a third straight month in December. The report also revised November figures downward, which includes Black Friday and the start of the Christmas shopping period. [1] A number of retail companies posted declines in revenue over the holiday including Victoria’s Secret, Urban Outfitters and Nordstrom. [2]