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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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WinCo Foods opens in Bellingham, Wash.
Boise, Idaho — WinCo Foods will open a 90,000-sq.-ft. discount supermarket in Bellingham, Wash., on Thursday.
The new store will initially employ 171. The employee-owned discount food chain operates 88 stores and typically ranks as the low priced leader in the markets where it operates.