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Lifestyle
COVID-19: Here's One Bright Spot In Record March Retail Sales Decline COVID-19: Here's One Bright Spot In Record March Retail Sales Decline
Covid-19: Here's One Bright Spot In Record March Retail Sales Decline Though the novel coronavirus (COVID-19) pandemic has wreaked havoc on retail stores in the entire nation, grocery and beverage store sales skyrocketed to new heights, according to newly released data. While retailers have seen businesses plummet, grocery stores and beverage depots have seen sales increase by more than 25 percent since the outbreak began in early March, according to a new report from the National Retail Federation. According to the U.S. Census Bureau, the overall retail business was down 8.7 percent from February to March, and down 6.2 percent at the same point last year. Th…

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by Zak Failla
Lifestyle
Highest Gas Prices In Years Expected For Area Motorists Highest Gas Prices In Years Expected For Area Motorists
Highest Gas Prices In Years Expected For Area Motorists Local residents may want to start filling up now, as the region is expected to see some of the highest gas prices in years at the pump this summer, according to reports. As of this week, national gas prices reached an average of $2.66, just one cent lower than the high of $2.67 from last year, and prices are only expected to rise, according to the latest report from AAA. The price is up a cent from a week ago, 13 cents from a month ago and 24 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since 2014. A AAA spokesperson cited “a volatile marke…

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by Zak Failla
Business
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Start Of Spring Sees Gas Prices Rise, With No Relief In Sight
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Spring has sprung in the tristate area, bringing with it a spike in gas prices with no relief in sight according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.63 per gallon, up 10 cents from a month ago and 73 cents a year ago, when the average was $2.29 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil prices, and higher consumer demand are driving average…

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by Zak Failla