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Retail Sales

Paramus Sues American Dream Mall Claiming 'Thousands' Of Blue Law Violations Paramus Sues American Dream Mall Claiming 'Thousands' Of Blue Law Violations
Paramus Sues American Dream Mall Claiming 'Thousands' Of Blue Law Violations The Borough of Paramus has filed a lawsuit to shut down Sunday retail sales at the American Dream Mall, claiming the East Rutherford complex has repeatedly violated Bergen County’s Blue Laws. In the complaint, filed Aug. 25 in Superior Court, Paramus accuses mall operator Ameream, LLC, the New Jersey Sports and Exposition Authority, the Borough of East Rutherford, and Bergen County of allowing more than 120 stores inside the mall to sell prohibited goods on Sundays, despite the county’s 1980 referendum banning such sales. Paramus is home to Westfield's Garden State Plaza, one of the largest…
Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers
Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers Homebuilder confidence just sank to its third-lowest level since 2012 as President Donald Trump's sweeping tariffs and stubbornly high mortgage rates scare off prospective homebuyers. Builder sentiment dropped two points to 32 in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, June 17. That's barely above the readings of 31 in December 2022 and 30 in April 2020. In the Northeast, sentiment slipped one point to 43 on a three-month moving average. A score above 50 means more builders see conditions as good than poor…
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May US retail sales fell more than expected in May as consumers pulled back on spending amid rising economic anxiety fueled by President Donald Trump's tariffs. Seasonally adjusted sales dropped 0.9% in May to $715.4 billion, the US Census Bureau said on Tuesday, June 17. That was even worse than the 0.6% decline forecasted by the Dow Jones consensus, CNBC reported. The tumble followed a downward revision for April, which is now listed as a 0.1% decrease. Compared to last May, sales were up 3.3%, but momentum appears to be slowing. The steepest decline came from a…
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing Stores A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…
Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs
Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs President Donald Trump issued new tariff threats against the European Union and Apple, relaunching trade feuds that have shaken the US economy throughout 2025. Trump threatened the EU with a 50% tariff in a post on his social media platform Truth Social on Friday, May 23. He claimed the higher duties would go into effect on Sunday, June 1. The President accused the EU of being "difficult to deal with" in trade negotiations. "Our discussions with them are going nowhere!" Trump posted. "Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There …
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says April's retail sales flatlined as Americans pulled back on spending, the latest sign that trade tensions under President Donald Trump's tariffs are taking a toll on the US economy. Total retail and food service sales rose just 0.1% in April, compared to March's 1.7% surge, the U.S. Census Bureau said on Thursday, May 15. April's monthly gain was within the margin of error (+/- 0.5%), suggesting no meaningful growth. From February to April, total sales rose 4.8% compared to the same period in 2024. The healthy gains appear to be slowing down after consumers rushed in February and March …
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…
Bucks SPCA's Tanya Garcia Of Telford Dies, 38 Bucks SPCA's Tanya Garcia Of Telford Dies, 38
Bucks SPCA's Tanya Garcia Of Telford Dies, 38 Tanya Smakula Garcia, of Telford, formerly of Sellersville, died on Tuesday, Aug. 13, at the Hospital of the University of Pennsylvania, according to an obituary published by Anders-Detweiler Funeral Home. She was 38 years old. Tanya graduated from Pennridge High School, class of 2004, according to her obituary. She was an avid cheerleader for seven years. She worked in retail sales and was a member of the Bucks County SPCA. Tanya was a devoted and compassionate mother who enjoyed cooking, her obituary said.  Tanya loved animals, especially elephants. She also enjoyed watchi…
Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says
Avoid Scams: These Are Top 10 Consumer Frauds Of 2023, NY AG Says To honor National Consumer Protection Week, New York Attorney General Letitia James has revealed the most common fraud complaints faced by residents during 2023.  In an announcement on Monday, March 4, James said that these common complaints ranged from price gouging of much-needed goods and services to housing issues, online banking fraud, and even travel-related issues.  The top ten most common consumer complaints of 2023 in New York were:  Retail Sales: (Online purchases, price gouging, retail sales, defective merchandise, poor customer service, pet stores, animal breede…
Don't Fall For Them: These Are Top Consumer Scams, NY AG Says Don't Fall For Them: These Are Top Consumer Scams, NY AG Says
Don't Fall For Them: These Are Top Consumer Scams, NY AG Says Attorney General Letitia James highlighted some of the top scams New Yorkers are facing to kick off National Consumer Protection Week. Citing the COVID-19 pandemic, James said that Internet-related and price gouging scams were the greatest threat to consumers, with thousands of complaints levied to her office during 2020. The top 10 consumer complaints in 2020, according to James’ office: Internet-Related (internet services and service providers, data privacy and security, digital media, data breaches, frauds through internet manipulation): 9,832 complaints; COVID-19 Price Gouging (…
Here Are Top 10 Scams To Avoid, NY Attorney General Says Here Are Top 10 Scams To Avoid, NY Attorney General Says
Here Are Top 10 Scams To Avoid, NY Attorney General Says Fraudsters were busy in 2019, going through drastic efforts in an attempt to scam New Yorkers, according to the Attorney General’s Office. New York Attorney Letitia James released a new report of the top 10 consumer fraud complaints that her office received last year, topped by Internet-related schemes. It was the 14th year in a row that Internet-related complaints topped the list. According to James’ office, the top 10 consumer complaints were: Internet-related (4,436 complaints in 2019); Consumer-related (2,659); Automobile (2,510); Landlord/Tenant disputes (1,910); Utilities (1,811)…
Woodbury Common Among Nation's Most Lucrative Malls Woodbury Common Among Nation's Most Lucrative Malls
Woodbury Common Among Nation's Most Lucrative Malls  A new study by boutique research firm Boenning & Scattergood for CNBC found that Woodbury Common Premium Outlets is the fourth most lucrative in the U.S. The 20 most valuable malls in the country owned by real estate investment trusts bring make nearly $21 billion in retail sales a year, the study says. The Woodbury Common in Central Valley in Orange County comes in at No. 4 on the list, with a total asset value of $3.2 billion and $1,624 sales per square foot. The mall is owned by Simon Property Group (the same company that owns The Shops at Riverside). The most lucrative mall in Ame…
Garden State Plaza Is 9th Most Lucrative Mall In The U.S. Garden State Plaza Is 9th Most Lucrative Mall In The U.S.
Garden State Plaza Is 9th Most Lucrative Mall In The U.S. PARAMUS, N.J. -- A new study by boutique research firm Boenning & Scattergood for CNBC found that Westfield's Garden State Plaza is among the top 10 most lucrative in the U.S. The 20 most valuable malls in the country owned by real estate investment trusts bring make nearly $21 billion in retail sales a year, the study says. Paramus' own Garden State Plaza is the ninth most lucrative in the U.S., has a total asset value of $2.71 billion a year, according to Boenning & Scattergood. The mall has $950 per square foot. The Woodbury Commons in Central Valley, N.Y. comes in at No. 4 on t…