Retail sales grew for the sixth month in a row in October, but the pace of growth slowed ahead of the presidential election, rising COVID-19 cases and the lack of a second stimulus.
Kohl’s Corp. swung to a loss in its third quarter as the pandemic continues to impact sales but the retailer still managed to top its own expectations amid online growth.
As the global pandemic continues to wreak havoc, U.S. retailers are having to rewrite the rule book on what it is that will help them thrive this holiday season.
A new survey reveals that holiday shopping has gotten off to an earlier start than usual this year and that cash will definitely not be king this season.