Despite concerns about the growing trade war, consumers continued to spend in July — a move that contributed to the sixth consecutive month of retail sales gains.
ESL Investments, the hedge fund run by Sears Holdings Corp. chairman and CEO Eddie Lampert, has made a formal offer for one of the company’s signature brands.
The National Retail Federation increased its retail sales forecast for 2018, citing tax reform and other positive economic indicators. But the positive news came with a warning.