Economy Watch Weekly: Winning and Losing Retailers in June
July 18, 2017
Economy Editor Dees Stribling discusses the retail categories that saw a decline in sales for the month, mostly consisting of those that face competition from the Internet.
U.S. retail sales suffered a 0.2 percent decrease in June, hitting $437.5 billion, according to the U.S. Census Bureau. But which retail categories faced the most significant losses? Economy Editor Dees Stribling discusses the sectors that saw a decline in sales for the month—unsurprisingly including largely retailers that face competition from the Internet—for the week ending July 14, 2017.Â
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