US retailers creating jobs

August 4, 2013 | By RetailME Bureau

US retailers added 46,800 jobs in July, the highest in eight months, with consumers feeling more comfortable while spending money. Consumer spending, which accounts for about 70%of the economy, rose 0.5% in June. The Bloomberg Consumer Comfort Index has risen in six of the past seven weeks, reaching the highest level last week in more than five years.

According to the Labour Department data, general merchandise stores added 9,100 jobs last month, while building-material and garden-supply stores added 5,700. Clothing and accessories retailers added 4,300 jobs, a 0.3% increase from June. Confidence is being reflected among retailers that sell discretionary merchandise as well.

“The pattern of growth for retail has been positive and reflects that the consumer has a positive view of the world,” remarks Jack Kleinhenz, chief economist for the National Retail Federation. “But we are not going to see the consumer lift the economy on their own,” he adds.



Previous Article Next Article



Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau
Al Islami Plant-Based Burger

UAE-based Al Islami Foods, one of the largest frozen food companies in 

Continue Reading

January 3, 2021 | By RetailME Bureau
Marks & Spencer's plant-based range

Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free 

Continue Reading

December 23, 2020 | By RetailME Bureau

World’s largest fully integrated online brand in fresh fish and meat e-commerce 

Continue Reading

December 14, 2020 | By RetailME Bureau

Homegrown, organic and plant milk company, Koita has announced its expansion into 

Continue Reading

December 9, 2020 | By RetailME Bureau
Middle East's vegan revolution

Today’s on-demand streaming services are ripe with docu-series and explainer videos on 

Continue Reading

December 3, 2020 | By Shruthi Nair

International food retailer, SPAR has today announced a global partnership to tackle food waste with the 

Continue Reading

December 3, 2020 | By RetailME Bureau

UAE-based concept grocery retail chain, Grandiose has opened a new supermarket within 

Continue Reading

November 22, 2020 | By RetailME Bureau

US-based fast food chain, Nathan’s famous Inc. brings another New York classic, 

Continue Reading

November 12, 2020 | By RetailME Bureau

Dubai-based Union Coop, the leading Consumer Cooperative in the UAE, opened its 

Continue Reading

November 11, 2020 | By RetailME Bureau

UAE homegrown marketplace, has announced its Yellow Friday sale from November 

Continue Reading

November 5, 2020 | By RetailME Bureau

UAE-based Al Maya Group officially launched an exclusive range of Woolworths products 

Continue Reading

October 30, 2020 | By RetailME Bureau

Download Images RetailME Magazine