American consumers are showing signs of life, but they are choosy about where they shop, based on the mixed bag of retailers’ earnings on Tuesday. Overall spending has been strong, though more of it is shifting to online purchases. Sales at retailers and restaurants jumped 0.6% in July from a month earlier, the biggest increase since December, the Commerce Department said Tuesday. Individual retailers that are successfully luring...
Source: Wall Street Journal August 15, 2017 14:46 UTC