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US retail sales continue to rally in August

2020-09-17 12:06:00| Daily apparel & textile news and comment - from just-style.com

Sales at US clothing retailers continued their upward trajectory in August, but growth waned for a second consecutive month as federal stimulus benefits tapered off at the end of July and Covid upended back-to-school spending.

Tags: august sales continue retail

 

US retail sales continued to rally in August

2020-09-17 12:06:00| Daily apparel & textile news and comment - from just-style.com

Sales at US clothing retailers continued their upward trajectory in August, but growth waned for a second consecutive month as federal stimulus benefits tapered off at the end of July and Covid upended back-to-school spending.

Tags: august sales continued retail

 
 

Chipmakers apply for US licences to continue sales to Huawei

2020-09-17 09:34:00| Telecompaper Headlines

(Telecompaper) Several major chipmakers have sought exemptions from the new US sanctions against Huawei, so they can continue to supply the company. These include Qualcomm, Micron Technology, Samsung Electronics, Mediatek and Macronix International, reports Caixin Global. New Commerce Department rules that went into force 15 September forbid any company whose production process involves American technology from supplying Huawei with products unless they obtain a licence.

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Next says sales 'more resilient than expected'

2020-09-17 08:44:15| BBC News | Business | UK Edition

The clothing retailer saw sales fall 34% as the coronavirus pandemic closed stores.

Tags: than sales expected resilient

 

Co-op sales rise as shoppers stay closer to home

2020-09-17 08:39:08| BBC News | Business | UK Edition

The grocery chain announces in its half-year results that food sales have increased by 8.8%.

Tags: home sales stay rise

 

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