1. Shopper & Customer

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

Written by Posted on Less than 0 min read

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Corporate Finance

Jim Cramer’s top 10 things to watch in the stock market Tuesday

​U.S. stocks edge lower in premarket trading, while Ford halts production on its $3.5 billion electric-vehicle battery plant in Michigan amid a strike.  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Trends & External Forces

Big February job growth for economy, but on Main Street it’s still a struggle to find workers

While job gains are being seen across the U.S., small business owners say that the hiring environment is not getting better and it’s hard to find good workers. View Original Article Associates Sustainability Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Department: Food

Man pleads guilty in stock fraud case involving $100 million New Jersey deli

​[[“value”:”Hometown International once was valued at $100 million on the stock market despite owning a tiny, money-losing deli in New Jersey.”]]  View Original Article Legal & Criminal International Dept. Deli Dept. Fresh Prepared Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Uncategorized

Outback Steakhouse owner’s stock rises after activist Starboard Value buys stake

​[[“value”:”Starboard Value now owns 9.9% of Bloomin’ Brands’ shares, according to a regulatory filing.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Department: Consumer Durables

Peloton internal docs show it slashed 2022 sales goals for apparel unit after segment revenue more than doubled last year

Peloton’s apparel business more than doubled to over $100 million in annual sales last year, according to internal documents obtained by CNBC. View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Shopper & Customer

Why you might be leasing not buying your next couch

IKEA and several start-ups are exploring furniture rental options as younger consumers look for more flexible and environmentally-friendly options. View Original Article Consumers Delivery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Second strike at Liverpool to add to European port congestion, slow product delivery

Dockworkers in Liverpool, a significant U.K. port and a port where the U.S. is the No. 1 trading partner, will start a seven-day strike on October 11. View Original Article Delivery Partnerships CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s earnings top estimates as mascot Grimace fuels U.S. sales

​McDonald’s same-store sales grew 11.7%, driven in part by a strong showing in Europe and the chain’s Grimace promotion.  View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Technology & Innovation

Walmart rolls out a tech tool to help shoppers try on clothes without actually trying them on

The retailer is rolling out the high-tech feature after acquiring a virtual fitting room start-up, Zeekit. View Original Article Technology & Innovation Start Ups Shoppers Dept. Apparel Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Operations & Supply Chain

Third Point could see big returns from small changes at Bath & Body Works

Dan Loeb’s hedge fund expects the retailer can resolve many of its issues by bringing more experience to Bath & Body work’s board. View Original Article Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Corporate Strategy

Mattel, hot off ‘Barbie’ success, hires ex-Fox, Sony exec to run TV studio

​ ​  ​[[“value”:”Mattel made a new hire to run its TV studio, the toy maker’s latest move to double down on the strategy that led to the blowout success of “Barbie.””]]  View Original Article Executives Strategy Marketing: Broadcast Dept. Toys & Games CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Trends & External Forces

Wall Street analysts think this portfolio industrial stock should be 20% higher

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus

​ ​Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers.  View Original Article Dept. Toys & Games Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Uncategorized

Nordstrom family tries again to take department store private, forms special committee

The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Mass

Target plans to hire 100,000 seasonal workers for the holidays and start deals early

Target announced that it will hire 100,000 seasonal workers for the holidays and start markdowns the first week of October. View Original Article Associates Target Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

Nordstrom cuts full-year forecast, citing slowing customer demand

Nordstrom slashed its financial forecast for the full year as the department store chain faces slowing sales and a glut of inventory. View Original Article Results & Investment Operations & Supply Chain Shoppers Predictions and Forecasts Trends: Finance CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas won’t write off remaining Yeezy inventory, plans to sell ‘at least’ at cost

Adidas won’t write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitism. View Original Article Dept. Apparel Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Department: Adult Beverage

White Claw unveils branded vodka as it enters the spirits category

​ ​  [[“value”:”The vodka is available in select markets across North America and comes in an unflavored option, as well pineapple, mango and black cherry.”]] View Original Article CPG: Adult Beverage Editor's Choice Dept. Adult Bev Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Department: Consumer Durables

Lululemon raises guidance as customers keep spending despite higher prices

Lululemon expects the momentum in its business to continue in spite of broader economic headwinds. View Original Article Dept. Apparel Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Data & Insights

Millennials plan to stick with online shopping even as stores rebound, new survey finds

​   ​  [[“value”:”While early pandemic saw an unprecedented online shopping boom, in-person shopping has been ready for a resurgence, as shoppers return to reopened stores. “]]    View Original Article Thick Data Consumers Brick and Mortar Shoppers COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
Next