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The US National Retail Federation (NRF) has published forecasts for the dynamics of retail sales in the country in 2018 and 2019. The Federation expects retail sales to grow by about 4.5% in 2018. At the same time, growth in online sales will be at the level of 10-12%. For the current year, NRF assumes a 3.8%-4.4% sales growth. Their volume is expected to range from 3 trillion 820 billion dollars to 3 trillion 840 billion dollars. The increase in online sales will be the same as at the end of 2018 - by 10-12%. The estimates of the Federation are based on such factors that confirm the strength of the American economy, such as growth in the number of employees, tax cuts and a high level of confidence.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
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