Furniture sellers adapt to a nationwide drop in sales

Sep 15, 2023
Sales at furniture stores have been sliding amid a cooling housing market and weakening consumer sentiment about making big purchases.
AJ Venable at Urban Links Furniture & Appliances in Baltimore. He said his customers have become more price-sensitive.
Stephanie Hughes/Marketplace

After a flat August, this North Carolina toy store is already looking forward to the holidays

Sep 14, 2023
For this toy store owner, the biggest challenge right now is prepping for the holidays.
"We are selling a lot of Halloween products right now," said Irene Kesselman, owner of Ali Cat Toys in Carrboro, NC. "And certainly we'll move into the Christmas season shortly thereafter."
Ariel Jackson

Americans continue to spend — even as credit card and student loan payments loom

Aug 15, 2023
The July retail sales report found that Americans are spending more than last year in most categories. Will that be a problem?
Retail sales climbed for the fourth straight month in July.
Justin Sullivan/Getty Images

The American consumer just keeps spending

Jun 15, 2023
Retail sales surprised with a 0.3% gain in May. Nearly every category advanced despite persistent concern about inflation.
Despite continued anxiety about inflation, retail sales ticked up last month.
David Becker/Getty Images for Nordstrom Rack

April retail sales data add confusion to an already confusing economy

May 16, 2023
Between the pandemic and its economic ripple effects, the consumer experience has been a wild ride.
While consumers are cutting back on buying big-ticket items like appliances, there’s still pent-up demand for services.
Joe Raedle/Getty Images

How a decline in home sales also trips up retail

May 16, 2023
When people buy new homes, they buy a lot of other things too, like furniture, appliances and electronics. When home buying slows, that can have a real ripple effect on other industries.
Today’s retail sales numbers showed people spent less on things like building materials and garden supplies in April than they did a year ago. Home Depot also reported today that sales dropped in the first quarter.
Justin Sullivan/Getty Images

Why are Ikea and Costco expanding as other retailers close stores and lay off staff?

Apr 21, 2023
Opening new stores may be a way for some retailers to position themselves for both a downturn and a recovery.
Someone who once shopped at Crate & Barrel may now feel more comfortable on an Ikea budget, which could partially explain the retailer's expansion plan.
Spencer Platt/Getty Images

For public good, not for profit.

Dour consumers have cut their spending. Could that help trigger a recession?

Apr 14, 2023
Consumer sentiment's been up and down lately.
There definitely has been a decline in spending on goods like furniture and electronics, says  Bill Adams of Comerica Bank.
Brandon Bell/Getty Images

"You only live once" may explain Americans' continued spending spree

Mar 16, 2023
Some attribute it to pent-up demand. Others think the American consumer may have changed.
From dining out more frequently to traveling more, Americans continue to splurge on services despite persistent inflation.
Spencer Platt/Getty Images

New location means smarter budgeting for Michigan retailer

Mar 10, 2023
Annie Lang-Hartman, owner of Wild Lettie, just signed the lease on a new location, hoping to expand her product offerings.
As Wild Lettie expands to three stores, there is a lot of work to do to set up shop.
Courtesy Annie Lang Hartman