Store Numbers Release For Free

Despite soaring interest rates and worries of an impending recession, Canadian retail continued to outperform much of the world in early 2023. Although spending dipped slightly in the first quarter, Canadian retail sales increased 2.4% year over year in Q1 2023, ing to Colliers's 2023 Retail Outlook Report.

A slowing economy will keep retail sales growth in check. In our baseline scenario (55% probability), we forecast GDP growth to slow to 0.9% in 2023 from an estimated 2% in 2022 and 5.9% in 2021.

New retail's digital priorities going into 2023 ing to Gartner, fulfillment execution powered by AI, collaborative ecosystems, and cost optimization are the key actions [4] that retailers are taking to eliminate friction from the experiences they deliver to their shoppers.

US Retail Sales (I:USRS) US Retail Sales is at a current level of 606.79B, up from 603.14B last month and up from 597.07B one year ago. This is a change of 0.61% from last month and 1.63% from one year ago. US Retail Sales measures the total sales within the US economy excluding food services.

The US Commerce Department reported the following data on US retail sales totals for February 2023: On a monthly basis, sales declined by 0.4% from January, totaling $697.9 billion. On an annual basis, sales increased 5.4%. That's below the January annualized growth of 6.4%.

NRF forecasts that retail sales during 2023 will grow between 4% and 6% over 2022 to between $5.13 trillion and $5.23 trillion. Last year's annual retail sales grew 7% over 2021 and totaled $4.9 trillion. This growth rate is above the pre-pandemic, average annual retail sales growth of 3.6%.

Basic Info. US Retail Sales is at a current level of 606.79B, up from 603.14B last month and up from 597.07B one year ago. This is a change of 0.61% from last month and 1.63% from one year ago.

What's next for retail in 2023? The future is all about understanding customers' needs and demands, hybrid experiences, and empowering experiences. In 2023, retail sales worldwide are forecast at $30.3 trillion (4.5% more than this year). From 2020 to 2026, total retail sales are expected to rise by $9.2 trillion.

Every month, the U.S. Department of Commerce's Census Bureau releases its first calculation of the previous month's retail sales.

The retail sales number is a crucial data point in the United States and its release is one of the most market-moving events of the month. The data hits the newswires at Eastern Time on or around the 13th of every month.