FYI: The past couple of weeks had something for everyone when it comes to retail. A pair of high-profile releases offered conflicting views on the health of American retailers, confusing the outlook for the industry.
Last Thursday, the Census Bureau reported that U.S. retail and food service sales in December tumbled 1.2% from November to December, the steepest monthly decline since 2009. Even e-commerce, usually a consistent bright spot for sales, fared poorly in December, slipping 3.9% month-over-month.
Regards,
Ted
https://www.etf.com/sections/features-and-news/new-ways-invest-retail-etfs
