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Retail sales dropped sharply last month after a winter storm blanketed much of the country's midsection, but forecasters expect a sharp rebound in sales.
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Retail sales dipped 1.1% in November compared with a month earlier as new coronavirus surges restricted outings to stores and especially restaurants.
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Shoppers kept buying electronics and home improvement supplies, but sales overall rose only 0.3% in October.
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Women hold the majority of jobs in clothing and department stores, gift and souvenir shops. They run cash registers everywhere. Now thousands of stores have shuttered, leaving them jobless.
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U.S. retail spending grew 1.9% last month, delivering a slight boost of confidence amid a recent spate of signs that the economic recovery has lost momentum from the pandemic's toll.
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People particularly stocked up on electronics and appliances, took more trips with stops at gas stations, and cautiously went out to eat as more stores and restaurants reopened.
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U.S. stores and restaurants got a boost in June as retail sales jumped 7.5%. Spending on clothes doubled. But this was before a new surge in the coronavirus prompted renewed shutdowns in some states.
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Spending is still nowhere near last year's. But as more states and cities allowed restaurants and shopping centers to reopen, May saw a big swing from a historic collapse in March and April.
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Retail sales saw record drops for the second month in a row. Other categories with huge declines included a 59% dive in furniture sales and 29% decreases in department stores and gas stations.
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Update: New York State has released guidelines for industries reopening in phase one. A summary of the guidelines for retail can be found here. Retail is…