Americas > Retail
Retail in Americas
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U.S. Consumer Sentiment Drops Amid Notable Decline In Expectations
UNITED STATES, 2017/07/15 With consumer expectations taking a hit, the University of Michigan released a statement on Friday showing a notable deterioration in U.S. consumer sentiment in the month of July. The preliminary statement said the consumer sentiment index dropped to 93.1 in July from the final June reading of 95.1. Economists had expected the index to edge down to 95.0. -
Mexico’s luxury retail segment remains strong
MEXICO, 2017/07/01 Rising gain levels and positive demographics are driving sustained increase in Mexico’s luxury retail segment, despite headwinds related to slowing economic increase and the prospect of weaker trade relations with the US. Data released in late May by Citibanamex, the Mexican arm of Citibank, showed retail sales in the country rose by 6.1% year-on-year in March, up from 3.6% the previous month and surpassing market predictions of 5.5%. The sector’s luxury component is meanwhile set to continue profiting from rising levels of wealth. According to Euromonitor, upmarket sales in the country will expand by 6% this year, additional than twice the top end of the 1.5-2.5% GDP increase range estimate by Banxico, Mexico’s central bank as of May. -
U.S. Retail Sales Dip 0.2% In March Amid Lower Auto Sales
UNITED STATES, 2017/04/15 Half reflecting a notable decrease in auto sales, the Commerce Department released a statement on Friday showing a modest drop in U.S. retail sales in the month of March. The Commerce Department said retail sales dipped by 0.2 % in March next a revised 0.3 % decline in February. Economists had expected sales to edge down by 0.1 % compared to the 0.1 % uptick originally reported for the previous month. -
Developers seek to tap Panama’s retail sector, with numerous projects in the pipeline
PANAMA, 2017/04/11 -
Brazil Retail Sales Rise More Than Forecast In August
BOLIVIA, 2014/10/15 Brazil's retail sales rose additional-than-expected in August, next declining in previous two months, figures from the statistical office IBGE revealed Wednesday. Retail sales grew 1.1 % from July, at the same time as they fell 1 %, revised from 1.1 %. Economists had estimate a 0.8 % increase. Year-on-year, retail sales fell for a second straight month, down 1.1 % in August. Economists had estimate a 1.2 % decline. In July, sales dropped 0.9 %. -
El Salvador's Unicomer Group to open US$8 million distribution centre in St Lucia
EL SALVADOR, 2014/03/08 The St. Lucia government has welcomed the launch of a multi-million dollar distribution center by El Salvador based Unicomer Group describing the move as a bold expression in the local economy. Prime Minister Dr. Kenny Anthony, speaking at the opening of eight million US dollar project, said that “it paves the way for further investments in St. Lucia. “We thank you for your continued confidence in the St. Lucian economy as you build and plan for the next,” he said. -
Argentina imposes 'voluntary' price agreement
ARGENTINA, 2013/12/26 The move echoes a 60-day price freeze on mass market supermarket items last February that failed to slow the country's heavy inflation. “We agreed on a basket of major consumer products,” Argentine Commerce Secretary Augustin Costa told reporters at a press conference, reporting on the accord between the Economy Ministry and the large supermarket chains and their suppliers. So far, some 175 products, inclunding meat, fruits, vegetables, beverages, cleaning and sanitary products are on the inventory, which should from presently on grow to 200 items. -
Winter Storm Threatens Last-minute Shopping
UNITED STATES, 2013/12/21 A strong winter storm is likely to pose travel problems as millions of Americans try to get home for the holidays this weekend. Winter Storm Gemini is expected to hit wide portions of the Midwest and Northeast with snow and ice starting early Saturday morning, according to the Weather Channel. The storm has by presently caused disruptions in the Rockies, with parts of Utah digging out from almost a foot of fresh powder. Salt Lake City International Airport has resumed flights next temporarily shutting down. -
Brazil's indebted shoppers
BRAZIL, 2013/02/23 As Fernanda Castro waits in line to pay for a new blender at a store in a Sao Paulo shantytown, the hairdresser recounts horror stories of friends who fell into deficit and struggled to get out. "I don't want that to happen to me," she said. "I avoid using the credit card presently. I'm afraid of it." -
Brazil's retail sales
BRAZIL, 2012/12/22 Brazil's retail sales increase accelerated additional than economists expected in October, data released by statistical office IBGE showed Thursday. Retail sales volume increased a seasonally adjusted 0.8 % month-on-month in October, slightly faster than the 0.7 % gain economists estimate. In September, sales had increased 0.3 % sequentially.
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