US retail sales plunged 8.7% in March, deepest drop on record [MSN Money]
Amazon.com, Inc. (AMZN)
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Source: MSN Money
© Victor J. Blue/Getty ImagAmericans ar't buying much beyond food right now, and that's devastating huge swaths of the retail industry.Load ErrorUS retail sal slumped 8.7% in March, their worst monthly decline on record in the data available from theCsus BureauExcluding autos and gas, retail sal fell by .%.While retail trade fell overall, one category stood out: grocery store sal surged 6.7% in March. And sal at non-store retailers, a category that would include e-commerce sit like Amazon, increased .%.But sal at clothing and accsori stor, meanwhile, plunged 50.5% in March. Sal at furniture and home furnishing stor declined 6.8%, sal at sporting goods stor fell .% and electronics and appliance sal declined 5.%.Except for grocery stor and other "stial" retailers, compani have shuttered stor and furloughed or laid off workers. Consumers have also pulled back their spding on discretionary items. That combination led to the steep drop in retail sal."Stricter lockdown measur, unprecedted l
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News
- Amazon had a very big week that could shape where its stagnant stock goes next [MSNBC.com]MSNBC.com
- Trump replaces architect to lead $300-million White House ballroom design [Los Angeles Times (CA)]Los Angeles Times
- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website