• Retail Analysts Tout Shopping as Experience, Bullish on Holiday

    1 month ago - By WWD

    In another sign that retailing remains robust, The Retail Economist-Goldman Sachs Weekly Chain Store Sales Index showed a 3 percent gain year-over-year.
    Week to week, though, the index declined by 1.2 percent. But Michael Niemira, chief economist of The Retail Economist LLC, said the week-to-week drop followed a sharp spike from the previous week.
    The gains were made as the back-to-school shopping season reached its peak and the National Retail Federation, as well as other analysts and consultants, took a bullish view on this year's upcoming holiday shopping season. Moreover, shopping is...
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