×
100 293
Fashion Jobs
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Beavercreek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Meridian charter Township
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Henderson
L'OREAL GROUP
Account Executive - Skinceuticals (North Alabama)
Permanent · Birmingham
L'OREAL GROUP
Manager/Associate Principle Engineer-Packaging
Permanent · Clark
L'OREAL GROUP
Manager Data Quality
Permanent · Clark
L'OREAL GROUP
Finance Analyst (Retail Store Operations)
Permanent · Saint Petersburg
L'OREAL GROUP
Manager, PR & Influencer - Essie Global Marketing
Permanent · New York
SALLY BEAUTY CORPORATE
District Manager
Permanent · Syracuse
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Elizabethtown
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cerritos
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cherry Hill
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Highland
MACY'S
Asset Protection Detective, Mall at Prince Georges - Full Time
Permanent · Hyattsville
MACY'S
Manager, Recruitment Operations
Permanent · Tampa
L BRANDS
Lead Asset Protection Officer - Broad st , 2nd Shift (3pm-11pm)
Permanent · Reynoldsburg
H&M
Digital Product Owner
Permanent · Secaucus
BLOOMINGDALE'S
Registry Consultant, Roosevelt Field - Part Time
Permanent · Garden City
BLOOMINGDALE'S
Registry Consultant, North Michigan - Full Time
Permanent · Chicago
BLOOMINGDALE'S
Trade Area Asset Protection Manager, Northern California
Permanent · San Jose
BLOOMINGDALE'S
Registry Consultant, Roosevelt Field - Full Time
Permanent · Garden City
ROSS STORES
Store Protection Specialist
Permanent · Colorado Springs
By
Reuters API
Published
Aug 14, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

U.S. retail sales rise less than expected in July

By
Reuters API
Published
Aug 14, 2020

U.S. retail sales in July increased less than expected and could slow further in the months because of spiraling new COVID-19 infections and a reduction in unemployment benefit checks.


US retail sales were weaker than expected last month - Pixabay



Retail sales rose 1.2% last month after advancing 8.4% in June, the Commerce Department said on Friday. Economists polled by Reuters had forecast retail sales rising 1.9% in July. The strong retail sales are now mostly history.

Coronavirus infections continue to spread across the United States, forcing authorities in some of the hot-spots to either shut down businesses again or pause reopenings. The respiratory illness has left consumers wary of visiting places like restaurants and shopping malls, cutting into spending.
Tens of millions of unemployed people lost a $600 weekly jobless benefits supplement at the end of July, which had accounted for 20% of personal income, helping with the buying of food and paying of bills. President Donald Trump on Saturday signed a bunch of executive orders, including extending the supplement, though he reduced the weekly payout to $400.

But states, which are required to cover $100 of the benefits under the order, are themselves under immense financial pressure caused by the pandemic.

The remaining $300 will be funded from a limited emergency disaster relief program, which economists estimated could be depleted as early as September.

Economists saw little boost to spending from the other executive orders suspending the collection of payroll taxes for a group of workers, stopping evictions from rental housing that has federal financial backing and extending zero percent interest on federally financed student loans.

Republicans and Democrats are bickering over new aid for the economy even as signs mount that activity is stalling.

Job growth slowed significantly in July with at least 31.3 million people on unemployment benefits. The economy, which entered recession in February, suffered its biggest blow since the Great Depression in the second quarter, with gross domestic product dropping at its steepest pace in at least 73 years. 

© Thomson Reuters 2021 All rights reserved.