Neil Saunders

1 week ago | insideretail.us | Neil Saunders |Tong Van |Kaycee Enerva |Irene Dong

March US retail sales rose a strong 4.2 per cent, swiftly putting February’s slump in the rearview and proving it was a blip, not a trend. Removing the impact of inflation, in volume terms, retail sales increased by 2.1 per cent. Core sales, which strip out gasoline, foodservice, and autos, were also up, with an increase of 3.4 per cent, or by 1.5 per cent in volume terms.