CONTINUE TO SITE »
or wait 15 seconds

Consumer Behavior

US retail sales up in August

US retail sales up in AugustPhoto by istock.com


Despite inflation, U.S. retail sales increased in August by 0.3% with consumers spending more on clothing, vehicles and groceries.

The news comes as U.S. gas prices have dropped below $4 a gallon and as shoppers are reportedly getting an early jump on holiday shopping.

It also comes on the heels of a report claiming a hefty number of consumers, 73%, are paying closer attention to how much they're spending on gifts this year compared to last year, and 73% expect prices will increase by the holiday season.

July's spend saw a 0.4% dip, according to a Wall Street Journal report.

As RetailCustomerExperience reported in early August, inflation and overall anxiety about increasing costs aren't getting in the way of consumers who love luxury. In fact, high-end consumers haven't stopped spending on a luxury lifestyle and interest in luxury health and wellness is increasing.



KEEP UP WITH RETAIL CUSTOMER EXPERIENCE NEWS AND TRENDS

Sign up now for the Retail Customer Experience newsletter and get the top stories delivered straight to your inbox.

Privacy Policy


Already a member? Sign in below.

  or register now

Forgot your password?


You may sign into this site using your login credentials
from any of these Networld Media Group sites: