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Expert Analysis: July Retail Sales
Sterne Agee chief economist Lindsey M. Piegza comments on July retail sales gain of 0.2%:
Headline retail sales rose 0.2% in July, slightly less than expected but last month’s sales were revised up two-tenths from 0.4% to 0.6%. This is the fourth consecutive monthly increase in retail sales. Excluding autos, retail sales rose 0.5%, the strongest monthly gain since February.
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Sport Chalet sets sights on runners
LOS ANGELES — Specialty sporting goods retailer Sport Chalet is touting its services and assorted selection of brands to runners.
The retailer is reminding runners that it offers “extensive online show advice” to accurately fit athletes with the correct running shoe, not to mention a selection of brands which include Adidas, Asics, Brooks, New Balance, Nike, Reebok and Saucony. The retailer also offers custom in-store gait assessments.