Non-Essential Retail Warms Up For The Post-Crisis Economy

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While the overall drop was in the neighborhood of 8 percent, the plunge in non-essential goods like apparel (down 50.5 percent) and furniture (26.8 percent) represented a deep ditch for those businesses to climb out of. However, new data from PYMNTS shows that some non-essential items are moving online.
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