US retail posted promising growth in September - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Retail's strong performance may mean that its recovery will be resilient even if there's no new stimulus package

—and spending could've dipped in September since consumers hadn't received such aid recently. But September's retail sales growth could mean that retail will continue to recover even if there's no new stimulus package, which is important as the future of legislation that would introduce new aid is Retail's ability to continue on an upward trajectory is key since the holidays are a major volume driver for merchants, card networks, and issuers.

But retail and payment firms' Q4 could still be at risk as consumers run out of funds and coronavirus cases pick up. While retail's performance is on the upswing, it's possible consumers will eventually pull back on spending as they run out of funds from the stimulus and expanded unemployment benefits. This risk may be why Walmart CEO Doug McMillon

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the Amex Centurion Lounge at JFK Airport; tour, photos, details - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. EndSARS EndBadGovernmentinNIGERIA EndPoliceBrutalityinNigeria 🔥 Check It Out 🔥 Fantastic very clean and elegant
Source: BusinessInsider - 🏆 729. / 51 Read more »

China economy: Retail sales boom in September but GDP misses estimates - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🔥 Check It Out 🔥
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a freelance writer earned over $10,000 in September - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The New York Post's ideological split - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Maybe instead of bashing the New York Post business insider should be looking at the emails!!!! This monster Murdoch has caused the rise of deadly far right movements in the West. He should be persecuted. Check out my Services on Fiverr, You will definitely like the quality and the prizes of my services. USA Local citations. UK Local citation. Canada Local citations.
Source: BusinessInsider - 🏆 729. / 51 Read more »