Stimulus Fatigue? Retail Sales Wane at Many Brick & Mortar Stores. Department Stores Progress to Zombiehood. But Online Sales Surge to Record

Stimulus Fatigue? Retail Sales Wane at Many Brick & Mortar Stores. Department Stores Progress to Zombiehood. But Online Sales Surge to Record

SGT Report - 2020-11-19 - Original post - Cached copy

by Wolf Richter, Wolf Street: My 13 whiplash-charts by retailer category. First signs of exhaustion after a blistering Pandemic-inspired weirdest-economy-ever spike to new records? In October, total retail sales – sales of merchandise in stores and online, but not including services such as doctor’s visits, insurance, airline tickets, hotel bookings, etc. – ticked up by […]

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