Posts Tagged: RETAIL STORES

Retail Sales Plunge 16.4% In April

The coronavirus pandemic sent retail sales plummeting in the month of April, down 16.4 percent from March. The drop was expected with many businesses shutting down last month.  Online shopping, meanwhile, was up 21.6 percent over last year. Multiple retail chains like J.Crew and Neiman Marcus filed for bankruptcy protection this month, and it could… Read more »