US Retail Sales Declined In January

The US Department of Commerce recently released data showing that US retail sales totaled 439 billion 800 million US dollars in January, a 0.8% decline in the seasonally adjusted ratio, and the market is expected to decline by 0.4%. U.S.A The total retail sales of goods have declined for the two consecutive month, and for the first time in 2012, there has been a continuous decline.

Analysts pointed out that clothing Furniture and department store sales fell, causing us goods. retail The main reason for the two consecutive month of decline is not consistent with the expectation of Yellen, chairman of the Federal Reserve, that "oil prices fall to improve people's purchasing power". After the surge in the second half of last year, the weakness of US consumer spending growth will continue.

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Last week, a British department store, Marsha's department store, announced that it would close 5 of its 15 department stores in China by August this year. It includes a Shanghai store and 4 Jiangsu stores. We also know that this department store is the largest garment retailer in the UK, and there is one in Guanqian Street, so what is it? What is the change in the people's shopping in the end?

The core section in Guanqian Street is an international brand department store chain store. At its peak, there were 15 stores in our country, but in March 9th this year, it officially announced the closure of two branches in Wuxi and Changzhou. It is reported that in the next half a year, it will also shut down 3 branches in Shanghai and other places. How about this international famous chain brand in Suzhou?

The official of a traditional department store in Suzhou told reporters that in recent two years, there has been a marked decline in turnover growth. Our growth rate is only 2%, although there is an increase, but the growth rate has dropped significantly. The same period data tell us that compared with previous years, our traffic volume has decreased by ten percent. In fact, according to the statistics of the Municipal Bureau of Commerce, the retail sales of 18 designated department stores in Suzhou have been negative since 2013, and the overall decline has reached 3% as of 2014.

Data show that in the first half of last year, China's retail enterprises closed 160 stores, the highest in history, of which the large department stores closed 12 stores.

The dilemma of online shopping also appeared in Shanghai. What is more exaggerated is that from 100th goods to twelfth Department stores in Shanghai, the 12 old department stores, named by numbers, now only have 5. The cold winter in Suzhou's department stores seems to have begun.