Retail Earnings Will Show What Stretched Consumers Protect
U.S. retail and food service sales fell 0.6% in July, versus a 0.1% expected rise, with the Census Bureau reporting $763.6 billion in total sales. The control group declined 0.4%. Online sales fell 2.2% after Prime Day moved to June. Upcoming earnings from Home Depot, Lowe’s, Target, TJX, Ross, and Walmart are expected to show whether consumers prioritize necessities and repairs.






