October 16, 2026
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Tag : consumer spending

Business

South Korea retail sales climb 5.6% in March

omandailynews.com
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based outlets and department stores benefited from seasonal demand. The Ministry of Trade, Industry and Energy...
Business

Concerns arise over US economy as Costco reports weaker sales growth

omandailynews.com
Costco Wholesale Corp. witnessed a decline in its shares following the company's slowest growth in US sales in nearly three years. The monthly sales gauge registered a second consecutive slowdown, raising concerns about the robustness of US consumers. In March,...