Retail sales June 2020

Keith Cunningham from South Carolina shops for Walt Disney apparel at the Bargain World gift shop located near Walt Disney World where its conducting a phased reopening from coronavirus disease (COVID-19) restrictions in Lake Buena Vista, Florida, July 11, 2020. Octavio Jones | Reuters U.S. retail sales increased more than expected in June, but the […]

US retail recovery delivers $28bn blow to short sellers

A pandemic boom for homewares, ecommerce and discount stores has wrongfooted hedge funds and other speculators who bet against US retailers before a historic rally, according to an analysis of $27.8bn in losses that the bearish positions have racked up since the start...