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Quartz Media, Inc. Nicolás Rivero & Tiffany Ap / May 18, 2022 Target can’t keep up with its customers’ changing shopping habits Target wasn’t ready for how quickly its US customers would change their shopping habits in 2022. Earlier in the pandemic, locked-down Americans flush with cash from government stimulus checks invested heavily in upgrading their houses.
Reuters Kannaki Deka and Nilanjana Basu in Bengaluru / April 29, 2022 U.S. auto sales to fall in April on tight inventories, rising rates – data (April 27) U.S. retail sales of new vehicles in April could fall 23.8% to 1.1 million units from a year earlier, according to a report released by the consultants on Wednesday.
Kelley Blue Book Kelley Blue Book / Jan. 11, 202 New-vehicle average transaction prices (ATPs) increased further into record territory in December 2021 to reach $47,077 According to new data released today by Kelley Blue Book. Prices are sharply elevated from last year, up nearly 14% ($5,742) from December 2020 and up 1.7% ($808) month over month. New-vehicle inventory levels remain tight, and with sufficient consumer demand, dealers continue to hold prices at or above the manufacturer’s suggested retail pr